Focus on electrification, Volkswagen will develop low-cost electric vehicles.
On May 28, Volkswagen said it will develop low-cost electric vehicles to better compete with Chinese competitors.
Volkswagen revealed that it aims to produce electric vehicles for the European market with a price of approximately 20,000 euros and plans to launch a global debut in 2027.
FF withdraws its 2024 production forecast.
On May 28, electric vehicle manufacturer Faraday Future said it would withdraw its 2024 production forecast due to current market conditions and funding levels, causing its share price to fall by more than 11% in after-hours trading.
It is reported that FF previously expected to produce about 1000 vehicles in 2024.
Musk will invite investors to visit the factory, and Tesla CEO Musk will invite 15 shareholders, who have the right to vote on his $56 billion compensation plan, to visit Tesla’s factory next month.
Tesla will announce the voting results at the company’s annual meeting on June 13.
, Focus on traditional car companies, Porsche released a hybrid version of the 911.
On May 28, Porsche released a series of 2025 911 models.
The most eye-catching one is the 911 Carrera GTS equipped with the “T (Turbocharged)-Hybrid” system.
It accelerates for 3.
0 seconds per 100 kilometers, 0.
3 seconds faster than previous non-hybrid GTS models.
Focusing on industrial and economic policies, Putin refuted the United States ‘”overproduction theory” of China. U.S. Treasury Secretary Janet Yellen believes that China’s overcapacity in manufacturing and overcapacity in automobiles will have an impact on the global economy.
Russian President Vladimir Putin dismissed her concerns as false.
Putin said that the market will balance itself.
Focusing on the supply chain,Blue Solutions plans to build a factory in France.
Richard Bouveret, CEO of French company Blue Solutions, said that the company plans to spend about 2 billion euros to build a super factory in eastern France to produce a new type of solid-state battery with a charging time of 20 minutes.
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