Apple's global battery development chief, Ahn Soonho, has moved to Volkswagen to lead the automaker's development of electric vehicle batteries, according to his Linkedin profile. This is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor in September.
(Bloomberg) -- BlackRock Inc. is joining automakers including BMW AG, Volkswagen AG and Ford Motor Co. as shareholders in electric-car charging consortium Ionity GmbH, contributing to a 700 million-euro ($787 million) investment in the venture.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners and Losers From a Year of Ranking
Advance Auto Parts (AAP) posts a comprehensive beat for Q3 and lifts full-year view. Meanwhile, Autoliv (ALV) sets three-year financial targets and aims for 12% adjusted operating margin for 2022-2024.