Electrify America* announced today a $7.4+ million investment in organizations across the U.S. to support zero-emission vehicle (ZEV) access programs, education, and STEM (science, technology, engineering, and math) workforce development. The funding builds on Electrify America’s previous investments in organizations to advance equitable access to electric vehicle (EV) transportation in low-income and disadvantaged communities and building a skilled EV workforce.
“Electrify America is committed to providing access to zero-emission vehicles while building a skilled workforce to support expanding EV infrastructure,” said Robert Barrosa, president and CEO of Electrify America. “By supporting education and hands-on training, we’re creating opportunities for individuals to thrive in the growing domestic EV industry and drive the transition to electric transportation.” Continue reading











Volkswagen Group 2024 Results Drop Significantly
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Volkswagen Group said today that 2024 operating result declined significantly to €3.9 billion, mainly due to restructuring expenses related to the site in Brussels and residual value effects, as well as intense competition and the current model offensive. The operating Margin was a scant 6.0%. (Read AutoInformed.com on Pablo Di Si Out at VW Group of America and VW Group – €2.6 Billion Exposure Over EV Plant Closing)
“In 2024, Volkswagen Group has set a decisive strategic course. With innovative, emotional products. With trailblazing strategic decisions. In 2025, we will continue to focus on consistent implementation. As our transformation gains in traction, the new strength of Volkswagen Group comes to life. Our continuing model offensive, regionally tailored products for our markets around the globe and strong partners constitute the basis for sustainable positive development. With the ramp-up of affordable e-mobility, our autonomous vehicle fleet and the battery cell production in Germany, Volkswagen is showcasing European innovation for the world as the global automotive tech driver,” claimed Oliver Blume, CEO Volkswagen Group. Continue reading →