Ex-VW CEO Winterkorn charged with giving false testimony to German parliament
Winterkorn gave false testimony to the German parliament when he said he was unaware of the automaker’s diesel scandal before it broke, prosecutors allege.
VW battery maker Northvolt raises $2.75B to expand Swedish factory
The Swedish battery maker will fund expanded production capacity as it aims to take on major Asian players and target a 25 percent market share in Europe by 2030.
Ferrari turns to tech world for its new CEO
Benedetto Vigna from Franco-Italian chip maker STMicrolectronics will have the delicate task of transforming the Italian supercar maker in the age of electric driving and digital gadgetry.
Lordstown Motors flags cash crisis with ‘going concern’ warning
The startup said in a filing that its current cash levels are not sufficient for commercial production.
Ford-backed Solid Power said in talks with Decarbonization SPAC
The solid-state battery startup also counts BMW among its investors.