Volkswagen CFO Advocates Cost Reduction Over Tariffs to Compete With Chinese EVs

May 27, 2024 – According to a report by Bloomberg, Arno Antlitz, the Chief Financial Officer of Volkswagen, stated this week that imposing higher import tariffs on Chinese-made electric vehicles by the European Union would only provide a “temporary breather.” In the long run, he emphasized, cost reduction remains the essential condition for maintaining competitiveness….

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Gurman: No New Hardware Anticipated at WWDC25, Says Report

June 9, 2025 – According to Bloomberg’s Mark Gurman in his latest “Power On” newsletter released last night, Apple isn’t gearing up to unveil any ready-to-ship hardware at this year’s WWDC developer conference. Rumors have been swirling that the new AirTag is nearing mass production. However, Gurman opines that it’s not significant enough to warrant…

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Mercedes-Benz and BMW Embrace Battery Transparency Following Korean Government Recommendation

August 14, 2024 – Following a severe fire incident earlier this month, the South Korean government held a meeting on Tuesday, urging all automobile manufacturers to voluntarily disclose detailed battery information for their electric vehicles (EVs). This information has traditionally been considered confidential within the industry. The incident, which occurred in Incheon, involved a Mercedes-Benz…

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