VW plans to appoint two new COOs to boost synergies among brands

VW CEO Herbert Diess aims to reduce overlap between brands and find more synergies as he pushes to improve profitability.

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Toyota unveils hydrogen-burning engine plan to fight EV mania

Toyota debuted a new hydrogen-burning engine it says holds big potential for the company, the industry and for carbon neutrality goals in a world gone gaga over EVs.

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What Ford sees in the next battery technology

Ford's recent investment in Solid Power signals a shift to a new technology in batteries.

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Radar vanishes from Tesla's view, prompting swift safety concerns

Tesla says it has stopped equipping new Model Y and Model 3 vehicles with radar sensors in favor of its camera-only Tesla Vision system.

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Rivian selects IPO underwriters, could seek $70B value, report says

Rivian is working with advisers including Goldman Sachs, JPMorgan Chase and Morgan Stanley, sources told Bloomberg.

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Wejo to go public in deal that values auto data developer at $800M

The SPAC merger is expected to close in the second half of the year. Wejo is in part backed by General Motors.

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Wejo to go public in deal that values auto data developer at $800M, report says

The SPAC merger is expected to close in the second half of the year, the sources said. The new company will trade under the symbol "WEJO."

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