Volvo presents brand new S60 with two PHEV options
Volvo has taken the wraps off the long expected S60 series that marks the end of diesel or better, the beginning of the electrified era at the Swedish carmaker as the S60 comes in two plug-in hybrid variants. And it is another first as the car is made entirely in Volvo’s new U.S. factory.
Elon accuses employees of sabotage
After technical problems on the assembly line, now apparently Tesla is being plagued by a saboteur from the internal ranks. The reason proclaimed for the disloyalty is apparently a snubbed promotion.
Magna expanding electric car production to China
Magna is en route to make it big in China as the supplier is preparing the launch of two joint ventures with BAIC. Together they want to develop new energy vehicles and Magna stands ready to take over an existing BAIC facility that builds 180,000 EVs a year.
Renault invests €1 billion in electric mobility
Renault has announced their plan to invest about 1 billion euros into the expansion of development and production of electrified vehicles in France. Specifically, the manufacturer is planning to develop a new alliance platform for electric vehicles in the Douai factory.
Volvo and Polestar launch performance boost for PHEV
Volvo is launching a new electrified performance offer called Polestar Engineered, specifically developed for its upcoming 60 Series plug-in hybrid cars. The package tweaks the wheels, brakes, suspension and engine control unit for higher performance and better fuel economy.
Tesla making 9% of workforce redundant
Elon Musk continues shaking up Tesla. The CEO now announced that his “reorg” will effectively see 9 percent of their workforce laid off. The cuts have already been made. Musk claimed Tesla needed this cost reduction to prove they are on a sustainable mission, that is profitable.