VW, Xpeng prep launches of EVs with new software platform
VW and Xpeng aim to catch up with Tesla and Chinese rivals with their jointly developed China Electrical Architecture.
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Continental profit squeezed by weak auto market in Europe
Continental is under pressure to cut expenses while having to invest in new technologies, with a review underway to explore possible divestments, joint ventures and partnerships at the auto unit, which has fallen behind peers.
Read moreBMW's surprise EV success started with an early setback
BMW leads rivals Audi and Mercedes with EV sales after taking a less radical approach with models that are almost indistinguishable from their combustion-engine powered siblings and are built on the same factory line to contain costs.
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