AGP Executive Report
Last update: 40 minutes agoVolkswagen Recall Wave: VW and Audi are recalling about 2.86 million vehicles worldwide over a steering screw that can corrode and potentially affect steering control, with repairs expected to take up to an hour and no reported injuries. EV Supply Chain Setback: PowerCo Canada, a VW subsidiary, has delayed its $7B St. Thomas, Ontario battery plant start to 2029, citing next-generation tech and “demand-aligned” timing. EV Adoption Outlook: A Harvard study projects US EV sales could reach 32% by 2030 even after policy headwinds, with EV share potentially higher without those barriers. Battery Tech Race: Mercedes-Benz will test ProLogium’s Gen4 ceramic solid-state cells under a joint agreement focused on safety, fast charging and thermal performance. Grid-Linked Charging: GM and PG&E are turning EV owners into grid assets via free charger bundles and monthly bill credits tied to managed charging. Theft Fallout: Kia and Hyundai face a Columbus lawsuit over alleged failure to include adequate anti-theft tech, following thousands of thefts. Auto Safety/Policy: US trade talks with Canada face “no urgency” from Washington, while Volkswagen’s ID. Buzz US return is pushed again to 2028 model-year.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.