BMW puts 400 million euros into Munich plant

BMW announced that it would invest 400 million euros in a new vehicle assembly line for its main plant in Munich as they gear up for electric car production. For this, the company’s combustion engine production will have to make way. The future vehicle assembly and its production processes will be designed for the new […]

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Tesla to join S&P 500 stock market in December

Tesla shares are now included in the S&P 500 stock market index after all. Tesla’s inclusion will take place on 21 December. In addition, Tesla has apparently found a new construction manager for the Gigafactory in Grünheide within its own ranks. The S&P 500 is a stock market index that measures the stock performance of […]

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Volkswagen aims for 2023 with electric station wagon

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After VW announced that the electric model Aero will also be built in Emden from 2023 in the course of its latest investment planning round, CEO Ralf Brandstätter has now revealed further details: The model will be launched as the Aero B and the Aero B Shooting Brake two years later than originally planned. The […]

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Volkswagen sets aside €35 billion for e-mobility

In the course of its latest investment planning round for 2021 to 2025, Volkswagen intends to invest around 73 billion euros in the future-oriented topics of e-mobility, hybridization and digitization. A total of EUR 35 billion has now been budgeted for electromobility – two billion more than before. From 2023, the money will also be […]

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Renault drops battery rental for Zoe & Kangoo Z.E. in Germany

After pulling the option in Spain and the UK, Renault is removing the battery rental option in Germany for its Zoe and Kangoo Z.E. models starting November 14. The Renault Twizy is an exception and will continue to be offered exclusively with battery rental. It was already noticeable that Renault has not announced a battery […]

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VW electric cars now rolling off two lines in Zwickau

Volkswagen has now also converted the second production line at the Zwickau plant to the construction of MEB electric cars. The German carmaker converted hall 6 for this purpose within 13 weeks. Series production of the ID.4, which already began in August, will now take place in both Hall 5 and Hall 6. This opening […]

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