BMW assembles crisis team – VW launches three new battery joint ventures

TVS News AI, editorially supervised, presents BMW assembles crisis team – VW launches three new battery joint ventures.

BMW is under pressure and, according to Manager Magazin, is setting up a new leadership team to tackle its crisis. At the same time, Volkswagen is countering in the race for battery technology with three new joint ventures – a deliberate signal that it is catching up with Asian competitors.

For employees, shareholders, and customers of both corporations, this is about more than just headlines: Whoever shapes the transition to electric mobility in the coming years will also decide on jobs, locations, and the future model lineup.

What is known so far about the BMW crisis team?

Manager Magazin announces in its current reporting a new team that is supposed to lead BMW out of the crisis. The preview does not provide concrete details about the personnel lineup or the exact mandate – the detailed analysis is delivered by the in-house newsletter "Der Tag".

VW launches catch-up maneuver in the battery race

Volkswagen is catching up in the race for the battery cell. With three new joint ventures, the group aims to launch a "catch-up maneuver" and make up lost ground against Asian cell manufacturers, according to Manager Magazin. At its core, the goal is to broadly secure its own electric strategy and reduce dependence on a few suppliers.

AI and defense drive the startup boom

Another trend highlighted by Manager Magazin: Artificial intelligence and defense technology are attracting massive investor interest. Startups at the intersection of both fields are reportedly experiencing a genuine investment boom – an area that has apparently become attractive again for capital providers, even though it long was considered difficult to calculate.

These and other business topics are bundled by Manager Magazin in its daily newsletter "Der Tag".