Germany’s Bosch Warns EV Industry Over Battery Cell Reliance
Europe’s energy crisis offers a hard lesson on the risks of focusing on one fuel source — in the case of the electric vehicle industry, battery cells, according to Markus Heyn, head of mobility services for Robert Bosch GmbH.
Continental Pours Cold Water on Breakup Speculation
Continental AG is signaling it will stop short of making further drastic changes as Europe’s second-biggest car-parts supplier doubles down on a restructuring to improve disappointing performance.
Burnt Ship Carrying Porsches, Lamborghinis Sinks in Rough Seas
The cargo ship that caught fire in the Atlantic while transporting about 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow it to safety.
VW, Bosch Team Up on Self-Driving Software
Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.
VW Sales Drop to Lowest in Decade
Volkswagen AG sales dropped to the lowest in a decade last year after the global semiconductor shortage hampered the German manufacturer’s auto output.