During a press event at the San Luis Potosi plant in Mexico, BMW confirmed that it will begin pre-series battery production by the end of 2025. In order to reach the deadline, the German automaker is investing $800 million to expand the plant, paving the way for its first electric vehicle in 2027. A Major…
Read More “BMW Brings First Lithium Battery Production to Mexico in San Luis Potosí Expansion” »
Once you decide to write a book about strategy, it raises the bar for having a strategy for the launch. People generally focus far too much on the launch of a project. Rocketships need a perfect launch, because just about everything after the launch is simply ballistic. But most of us don’t work at Cape…
Read More “Five lessons from week one of This is Strategy” »
Automotive Volkswagen, Europe’s largest automaker, faces a challenging financial landscape as third-quarter earnings plummeted, prompting calls for urgent cost reductions across its German operations. The company reported a net profit of €1.58 billion ($1.7 billion) for the July-September period, a drastic 64% decline from the €4.35 billion ($4.6 billion) profit seen during the…
Read More “Volkswagen Urgently Eyes Cost Cuts Amid Sharp Earnings Decline : Automotive Addicts” »
The action starts today! Every year, thousands of marine specialists and avid open-water explorers flock to sunny South Florida to experience the epitome of luxury yachting at the Fort Lauderdale International Boat Show. In addition to receiving a sneak peek at what’s upcoming in the industry, buyers have the opportunity to discover and tour the…
How does change make you feel? Does it ignite excitement or send a wave of anxiety crashing over you? For many, the prospect of change feels daunting, like standing at the edge of dark water. But for Daphne Leger, change is not just a challenge but also an opportunity for growth and innovation. As a…
Read More “The 4 Biases Holding You Back from Embracing Change” »
Ampere has worked with Renault’s EV platform developers to design a new cell-to-pack battery arrangement to compensate for the inherent reduced efficiency of LFP compared with NMC, so the cost reduction won’t be accompanied by any drop in energy output. The company will boost that cost reduction to 50% (compared with today) by 2028, with…
Read More “Renault Embleme due in 2028 as first of radical new EV family” »
WASHINGTON — Add California to the list of states that have officially launched a federally funded Inflation Reduction Act’s Home Energy Rebates program. Applications are open for the first phase of the Home Electrification and Appliance Rebates program (HEAR, also called HEEHRA in California), which will provide $80 million for low- and moderate-income households to retrofit their…
As the year winds down, I know that inflation and tight cash flow are on your mind. You’re not alone in this. In tough times, it’s normal for business owners to feel pulled in every direction, and the pressure can make it feel like the only way forward is to push harder and do more….
Sick of being ‘kicked in the goolies’ by Holden’s Commodore, the Ford BA Falcon was a major step-up for the Blue Oval in Australia. It wasn’t enough… Original story first published in Drive on 1 November, 2002 Ford knows it has to make the new BA ‘Barra’ Falcon work. “There’s a hunger here,” said a…
Read More “The Falcon that dragged Ford into the 21st century” »
When scrolling through forums or Facebook pages we all get used to questions like: “I just bought my first Volvo. What cheap OBD tool can I use to scan and to make basic maintenance operations?”. Then usually such people were brought down to earth, that cheap tools like elm327 don’t work with Volvo and…
Read More “V-Tool OBD Scanner – New Mobile App for Volvo diagnostics and maintenance | SwedeSpeed” »
