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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

the company has initiated the termination of thousands of supplemental employees in Detroit, Toledo and Ohio, and is eliminating more positions in France, according to local unions. While Tavares’ plans to further streamline the company haven't been particularly popular, this has been the trend for many large automakers of late.

Legal 116
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Ride1Up Prodigy V2 review: An affordable Brose mid-drive e-bike for the common man!

Baua Electric

When Ride1Up launched the Prodigy V2 , they kept all the parts that made this Brose-powered mid-drive great and added even more components (like a Gates belt drive system!) The company has always sought to provide most of what you can get from higher-priced electric bike models, yet at a much more affordable price.

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Musk’s “Master Plan, Part Deux”; expands Tesla to heavy-duty electric trucks and urban transport; integrated energy generation and storage

Green Car Congress

Master Plan Part 1—public now for ten years—outlined (1) the creation of an expensive low-volume electric car (Roadster) to fund (2) a medium-volume electric car (Model S, X) at a lower price to create (3) an affordable high volume car (Model 3) and (4) provide solar power. Master Plan v2.0 Master Plan v2.0

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Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation

Green Car Congress

As part of its bankruptcy plan, ECD intends to sell through separate sales its wholly owned operating subsidiary United Solar Ovonic LLC (USO) and other assets, including its minority stake in Ovonyx, Inc. On 13 February ECD sold its majority owned subsidiary, Ovonic Battery Company, Inc. 51-year-old Energy Conversion Devices, Inc.

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Failure to equalise VAT on public charging a missed opportunity

My Energi

1] Proposed as part of a new report aiming to further accelerate the transition to electrification, the move would have seen public charging VAT rates fall from 20% to 5%, bringing them in line with home charging. of Brits), [2] will experience far higher costs when it comes to running an electric car.

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Tesla China’s rumored May sales slump debunked by CPCA Secretary General

Teslarati

Cui said that recent claims of brake problems shouldn’t affect Tesla’s sales in China, where the company has found mainstream success since first delivering its vehicles in the country in January 2020. Even more stories of rumored parts failures plagued Tesla throughout April and May. What do you think?

Sale 145
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Pay-as-you-drive policies drive the evolution of motor insurance | Autocar Professional

Baua Electric

Once considered as a legal obligation, motor insurance now fuels significant changes in the world of insurance. Consumer preferences, technology and product innovation – each factor has had its part in bringing about this change. These plans use technology to offer a more customised approach to coverage.

Motor 52