Volkswagen Group is receiving extremely high interest from investors for a stock market listing of its battery unit PowerCo, the chairman of the automaker's largest shareholder Porsche SE said.
The European Commission has agreed to propose a legal route to exempt cars that run on e-fuels from the EU's 2035 phaseout of new combustion engine vehicles to resolve a row with Germany over Europe's main car climate policy.
Germany's transport ministry has for weeks blocked the European Union's plans to ban sales of new CO2-emitting cars in 2035, demanding an exemption for combustion engine cars that run on e-fuels.
The agreement, which will allow some combustion engines beyond 2035, was quickly condemned by opponents.
Germany reached an agreement with the European Union on a landmark regulation that requires new cars to be carbon neutral by 2035, resolving a dispute that threatened to undermine the bloc's ambitious blueprint to reduce greenhouse gas emissions.
The agreement, which will allow some combustion engines beyond 2035, was quickly condemned by opponents.
Ferrari and Porsche will benefit from plans to exempt cars that run on e-fuels from the European Union's planned 2035 phase-out of combustion engine vehicles.
"The good news for us as a company is that on top of electric cars, we will also be able to go on with our internal combustion engines ones," CEO Benedetto Vigna said.
"This decision is very interesting for us because it allows ICEs to go beyond 2036," he told a Reuters Newsmaker event on Monday.
Objetivo: paralizar el país. Que no circule un solo tren o autobús ni despegue un avión. Los sindicatos alemanes echan el próximo lunes un pulso a las autoridades con una huelga a gran escala que va a obstaculizar los desplazamientos en prácticamente todo el país. El sindicato del sector público, Ver.di, junto con el de los trabajadores ferroviarios, EVG, han convocado paros en los trenes de larga distancia, regionales y en todo el transporte local, además de los aeropuertos, puertos y en las autopistas.
By using cutting-edge digital twin technology and virtual commissioning to migrate their controllers, Siemens and Nidec Arisa – an original equipment manufacturer from Spain – have unlocked whole new functionalities, new benefits, and new opportunities for the future.
The challenge: a new controller – and a lot of new opportunities
Automotive supplier Zhenjiang Xianfeng Automobile Components Co., Ltd., has ordered its third and fourth machine from Schuler. The scope of delivery includes a 400-ton servo press and a 1,250-ton link drive press. They will be manufactured at the production site in China and supported by the experts in Germany and Brazil.
