Porsche Finally Has A New CEO. He's Big On Hybrids
Porsche shifts leadership while confronting sinking profits, weak EV demand, costly EV delays, and will refocus on hybrid vehicles under incoming CEO Michael Leiters.
Volkswagen Is Pouring Millions More Into Solid-State Battery Development
The Volkswagen Group is investing over $260 million into QuantumScape, focusing on the pilot production of solid-state battery cells that promise increased range and faster charging.