Volkswagen unveils new EV

 

Volkswagen unveiled its latest EV, the ID.7, which will be a flagship of the German automaker's evergrowing lineup of mainstream EVs. It is a large, electric sedan that Volkswagen says will have well over 300 miles of range in its top-level trim. 

Nissan is reportedly seeking to partner with a company outside the auto sector to develop software for its vehicles. The automaker is also looking to be more independent of Renault, which in February decided to reduce its stake in Nissan from 43.4% to 15%.

Nikola announced that Gerrit Marx, Lynn Forrester, and Mark Russell are retiring from the board of directors. In March, the truck maker appointed Anastasiya Pasterick as CFO, replacing Kim J. Brady, who will retire.

Chinese EV company XPeng revealed a new platform, which it expects would reduce costs by 25% in powertrain systems and 50% in its driving systems by the end of 2024. XPeng sold more than 120,000 units in 2022.

Enel X, the energy subsidiary of Italian utility company Enel, is planning to install 2 million EV charging points in North America by 2030. The company has also been working on e-moped charging, connecting battery swap stations to renewable power grids.

Ryanair lost its appeal in Switzerland against the ability of Lastminute to sell its flights. The airline is also facing allegations that it made defamatory statements against Booking.com.

Hungarian budget airline Wizz Air signed a memorandum of understanding with Cepsa to supply sustainable aviation fuel. In February, the airline signed a deal to purchase 36,000 tons of SAFs over three years from Neste.

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