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VW, too, is committed to phasing out the internal combustion engine and specifies a phase-out period. Critics would have liked to see an earlier phase-out for gasoline and diesel engines. Following in the footsteps of the Group’s subsidiary Audi, the core brand VW has now also named a concrete time frame for the final departure from the internal combustion engine. “In Europe, we are exiting the business with combustion engine vehicles between 2033 and 2035,” VW board member for sales Klaus Zellmer told the Münchner Merkur (Saturday). In the U.S. and China, he said, the exit will take place somewhat…

Technology group Bosch has received a major order from cellcentric, the joint venture between Daimler Trucks and the Volvo Group for truck fuel cells. The supplier will supply electric air compressors for the company, which aims to become a leading global manufacturer of truck fuel cell systems, Stefan Hartung, head of Bosch’s Mobility Solutions division, told the Stuttgarter Nachrichten newspaper (Thursday). This air compressor is technically similar to the turbocharger used in combustion vehicles. Hartung sees this as an indication that technical concepts for the fuel cell “very much offer a perspective for the German locations”. A Bosch spokesman would…

Since his appointment to the Board of Management two years ago, Ola Källenius has been focusing the Daimler Group more quickly on electromobility. Officially, he does not want to do without vehicles with conventional combustion engines for some time yet, but he is no longer planning any major investments in this area. Now rumors are gaining new momentum, according to which Daimler is preparing for an earlier end to gasoline and diesel engines – at least in Europe. Källenius wants to further accelerate the electrification of the model range of the core Mercedes-Benz brand in particular, according to Manager Magazin…

The cards are being reshuffled in online grocery retailing: Rewe is now getting even more involved and is joining the fast delivery service Flink. What the calculations behind this are. There is a gold-rush atmosphere in the online grocery trade. An almost incalculable number of new providers such as Gorillas, Flink, Getir, Knusper and Picnic are currently entering the highly competitive German grocery market. Lured by the significant increase in online sales during the Corona crisis and financed with hundreds of millions of euros in venture capital, the start-ups are competing with established grocers in more and more cities. The…

Ford presents the electric version of the F-150. Two motor-battery combinations are planned, all-wheel drive is standard – but the market launch is not until 2022. America’s most popular pickup truck, the Ford F-150 is getting electrified. The F-150 Lightning gets all-wheel drive as standard and two motor-battery combinations with 318 and 420 kW of system power respectively. The version with the large battery is said to have a sprint time of around 4.5 seconds. Torque is a uniform 1,050 Newton meters, making the Lightning the highest-torque F-150 ever. The two battery packs on offer provide ranges of 370 and…

Cryptocurrencies came under pressure again on Sunday. Other digital currencies also sank. One bitcoin cost around $34,000 on Sunday. The cryptocurrencies have come under pressure again on Sunday. After the prices of the digital currencies had stabilized somewhat on Saturday after the price crash in the days before, they recently gave way again. For example, one Bitcoin, the best-known digital currency and the largest by market share, cost around 34,000 dollars on the Bitstamp trading platform on Sunday, almost nine percent less than the previous day. Other digital currencies such as Ether also sank. Last week, Bitcoin had briefly fallen…

Amazon’s share price rose by more than 75 percent in 2020. The head of the online retailer has now turned more shares into cash. Jeff Bezos may need the money for his space plans – or a yacht. Just last week, Jeff Bezos sold Amazon shares worth almost two billion dollars, and now the head of the online retailer is once again selling off more company shares in a big way. Since the beginning of the month, Bezos has disposed of around two million shares in his company, according to documents from the US Securities and Exchange Commission (SEC). Most…

Every third car is sold in China. At “Auto China” in Shanghai, German manufacturers are pinning their hopes on the growth market – and on e-cars. In the pandemic, China is the “great ray of hope” for German carmakers. The world’s largest car market is expected to grow by at least six percent this year. Sales of electric cars are particularly booming, and could increase by 70 percent, industry experts predict. After a slow start in electric mobility in China, Volkswagen is looking to catch up strongly with billions in investment and new models. The ID.6 large urban SUV, unveiled…

Tesla founder Elon Musk is further establishing Bitcoins in his business model. He recently announced the details on Twitter – and the price is picking up. Tesla founder and self-proclaimed technoking Elon Musk is bringing the Bitcoin exchange rate out of its short-lived slump – with a series of tweets, of course. That’s because customers will be able to buy their Tesla with Bitcoins (BTC) in the U.S. starting Wednesday. In the course of the year, customers outside the US will also be able to pay for Tesla cars with the crypto coins. https://twitter.com/elonmusk/status/1374617643446063105 The news brought the price out…

A single dose of vaccine could soon protect against the coronavirus: Johnson & Johnson’s vaccine is not only effective and safe, one shot is enough, confirms the U.S. Food and Drug Administration (FDA).The U.S. Food and Drug Administration (FDA) certifies the Corona vaccine of the U.S. pharmaceutical company Johnson & Johnson a very high effectiveness. In a large clinical trial, the drug prevented 85.9 percent of severe disease and 66 percent of moderate symptoms in the United States. In studies in South Africa and Brazil, efficacy against severe disease was 81.7 and 87.6 percent, respectively, according to the FDA. Thus,…