Ex-Porsche CEO Wiedeking backs effort to delay death of combustion engine

Wiedeking: "I am convinced that MWI is a disruptive innovation with a huge market potential." (Bloomberg)

By:

Eyk Henning and Christoph Rauwald

By:

Bloomberg

December 14, 2018 11:04 AM

FRANKURT -- As tightening emissions rules force the car industry to embrace battery power, a German startup whose shareholders include former Porsche CEO Wendelin Wiedeking says it has the technology to give the combustion engine a reprieve.

Featured Stories

Trump announces reciprocal tariffs of at least 10% on U.S. trading partners

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Amazon’s used-vehicle interest could threaten listings companies

Latest News

Live updates on tariffs: Trump sets reciprocal tariffs of at least 10 percent

Trump announces reciprocal tariffs of at least 10% on U.S. trading partners

Daily 5 report for April 2: Can U.S. tariff response fill excess capacity at existing plants?

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Michigan electronics supplier ADAC advances vertical integration with acquisition

Taiwanese auto supplier plans $18.8M plant, 109 jobs in Michigan

Tariffs to strike top of the market with import-heavy luxe brands targeted

Steel maker Cleveland-Cliffs plans layoff of 600 Detroit area workers, citing weak auto production

Staying current is easy with newsletters delivered straight to your inbox.