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Ford reportedly plans to cut 3,200 jobs in Europe / VW to test vehicle-to-grid

1. Ford is reportedly planning to cut 3,200 jobs across Europe. The layoffs would impact 65% of product development and 20% of the administrative roles, mostly in Germany.

Read more on Inside.com.

2. Volkswagen plans to launch a vehicle-to-grid test program along with OVO Energy and energy platform Kaluza in the U.K. The automaker claims drivers will be able to save £420 (~$520) per year by selling energy to the grid.

Read more on Inside.com.

3. German energy company GP Joule signed a letter of intent to purchase 100 hydrogen-powered Tre trucks from Nikola. The vehicles will be manufactured through Nikola’s joint venture with Iveco in Ulm, Germany.

4. eVTOL company Dufour Aerospace raised a Series B (undisclosed amount) led by Vista Global. The company plans for the funds to accelerate the development of its hybrid-electric tilt-wing aircraft.

5. Tesla posted 89 new service jobs in California, including technicians, trainers, and collision specialists. Tesla reached a 72% market share of EV sales in California in 2022.

6. Emirates performed a ground test of a Boeing 777-300ER using 100% sustainable aviation fuel. Earlier this month, General Electric also carried out a ground test of an engine running on 100% SAFs in collaboration with NASA.

7. Volkswagen is replacing its head of design, Jozef Kaban, with Bentley executive Andreas Mindt. The ID.Life model design had been criticized by chairman Herbert Diess and COO Ralf Brandstätter.

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Nicolas is a Sr. Analyst at Inside, covering transportation and IT trends. He is an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped startups. 

Editor

Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

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