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18.05.2019 - 15:51

Tesla launches “hardcore” cost-cutting measures

CEO Elon Musk has told employees about Tesla’s financial situation and announced a new “hardcore” cost-saving initiative. Simultaneously, Tesla is losing another high-ranking manager as head of communications Dave Arnold leaves the company.

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30.04.2019 - 15:05

No more Smarts in North America

At the end of the current model year, Daimler is to ends sales of the Smart in the USA and Canada, where the small car has only been available with an electric drive since 2017. In addition, Smart-Chefin Katrin Adt will assume a new management position within the Group as of July 1.

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31.01.2019 - 12:20

Zack Kirkhorn taking over as CFO at Tesla

CFO Deepak Ahuja announced his retirement from Tesla, shortly after the company reported a profit in Q4 of last year. Tesla’s current vice president of finance, Zach Kirkhorn, will be taking over the position and has been with the company since Roadster days.

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29.01.2019 - 16:12

Byton makes changes to leadership structure

Byton has announced to split the positions of CEO and Chairman more strictly, with Carsten Breitfeld taking over the role of chairman. Co-founder Daniel Kirchert will become CEO. Until now, Breitfeld had covered both positions.

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18.01.2019 - 14:43

Tesla to eliminate 7% of workforce

Tesla has announced further job cuts. Around seven per cent of full-time jobs would have to be cut to further reduce costs, CEO Elon Musk explained in an e-mail to the employees. Tesla had already announced in June 2018 that it would lay off around nine per cent of employees.

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17.01.2019 - 14:53

LEVC: Jörg Hoffman to follow Chris Gubbey

The London Electric Vehicle Company (LEVC), which belongs to the Geely Group, will soon be managed by a German. After the current CEO Chris Gubbey announced his retirement, LEVC appointed the former Audi- and GM-Manager Jörg Hofmann as his successor.

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08.01.2019 - 15:19

VW bundles their charging and energy business

Volkswagen announced the establishment of a subsidiary for energy offers and charging solutions. The Elli Group GmbH will be headquartered in Berlin and will develop energy and charging products and services for the Wolfsburg Group brands.

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04.01.2019 - 13:36

Chinese startup Ucar takes over Borgward

The revitalized vehicle manufacturer Borgward has a new owner: The Chinese start-up Ucar will take over 67% of shares from the previous owner Foton. Now they will decide on the possible return of the car brand to Bremen.

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02.01.2019 - 17:39

Innogy bundles electric mobility under subsidiary

The German energy company subsidiary of RWE has officially bundled their electric mobility services under a new brand as of January 1, 2019. EV services are becoming increasingly important to the company, who will now bundle these competencies in a subsidiary.

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02.01.2019 - 16:01

Tesla hires Wilson-Thompson and Ellison for board

Tesla has hired the former Walgreens human resource head Kathleen Wilson-Thompson and the Oracle founder Larry Ellison as new independent directors to join their board of directors. Furthermore, Tesla has founded a leasing company in China, as well as having manufactured a total of more than 155,000 Model 3.

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01.11.2018 - 14:45

Battery specialist Akasol plans new U.S. factory

Plans that first circulated at this year’s IAA, have now been officially confirmed by battery system manufacturer Akasol. The German firm will be setting up battery production in the USA with production to begin at the end of 2019 with a capacity of 300 MWh.

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23.10.2018 - 21:39

Germany: Vattenfall appoints specialist for InCharge

Swedish utility Vattenfall has been increasing their efforts to take their share of the electric car charging market. Their InCharge network is on course for expansion in Europe and their latest driver to take charge of Germany is the former EVBox employee Fermin Bustamante.

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11.09.2018 - 16:46

Price changes and promotions at Tesla

This is to come as a relief to Elon Musk as Tesla appoints Jerome Guillen to lead their Automotive division. In addition, the Californians changed the price of the Model 3 with AWD for the third time and also simplified configuration.

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19.08.2018 - 18:24

EVgo reenforces Board with three Executives

EVgo, one of America’s largest public charging networks, is expanding. They added three new executives to the Board. Ivo Steklac is to become CTO, Jay Goldman their VP of Business Development, and Olga Shevorenkova is the new VP of Corporate Development and Strategy.

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07.08.2018 - 13:31

Tesla is hiring for Gigafactory 3 in China

Tesla is looking for staff for their planned electric vehicle factory in Shanghai just one month after receiving approval to set up shop from Chinese autorities. Most roles posted on the Tesla website are at senior level, reaching from architectural designer to experienced finance manager.

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10.07.2018 - 17:32

Seat coming to China with VW gearing up for growth

Volkswagen’s Spanish subsidiary Seat will enter China by hooking onto the JAC Volkswagen joint venture. Together the three plan to establish a R&D centre for electric vehicles. Development is to culminate in a dedicated electric car platform for China and beyond in 2021.

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09.07.2018 - 15:26

Polestar appoints Gregor Hembrough to lead in the USA

Volvo’s all-electric performance brand Polestar is driving their global expansion. A new subsidiary in the States has found a new leader. Gregor Hembrough is to lead Polestar Automotive USA Inc. building on 25 years of experience in the automotive industry.

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05.07.2018 - 07:02

Sono Motors reenforces Executive Board

EV startup Sono Motors secures support from two experienced executives. New COO will be Thomas Hausch, last responsible for e-mobility at Nissan with previous roles at Daimler and Chrysler. Isa Krupka joins as Chief Communications Officer (CCO).

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03.07.2018 - 15:23

VW regroups component unit for era of electric mobility

Volkswagen realigns its global component unit “with a view to ensuring a coordinated entry to e-mobility,” reads their latest release. All component making units are thus to form one independent corporate entity under the umbrella of Volkswagen AG from January 2019.

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23.06.2018 - 13:42

Daimler appoints sales whizz Katrin Adt as Smart CEO

Daimler has appointed Katrin Adt to lead the Smart brand into its electric future as she will succeed Annette Winkler this September. Like Winkler, Adt is a Daimler veteran and has held leading positions since 1999. Her challenge will be to reverse the trend of falling sales during the time of transition.

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13.06.2018 - 12:13

New StreetScooter boss: Thomas Ogilvie

The reports of DP/DHL having laid off StreetScooter manager and board member Jürgen Gerdes have been confirmed. Gerdes is leaving the logistics giant over strategic differences. Succeeding him as StreetScooter CEO is Thomas Ogilvie.

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11.06.2018 - 17:46

StreetScooter chief Jürgen Gerdes dismissed

DP/DHL fired Jürgen Gerdes, who had been responsible for StreetScooters significant success over the last years. The board member and manager had worked for the German Post since he was 20 but has to retire from all positions with immediate effect.

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Found on electrive.com
https://www.electrive.com/2019/05/18/tesla-looks-for-further-cost-cutting-measures/
18.05.2019 15:51