Volkswagen Boosts Rivian Partnership with $800M bet on Cutting-edge EV tech
Volkswagen AG has deepened its partnership with Rivian Automotive Inc, investing an additional $800 million in the American electric vehicle (EV) company. The commitment highlights Volkswagen’s support despite a slowdown in EV demand and potential policy shifts under the incoming…
Volkswagen and Xpeng Deepen Software Collaboration Across EVs in China
Xpeng will deepen its cooperation with German automaker Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under the VW brand. The Chinese electric vehicle maker said on…
China’s BYD Taps the Euros to Get the EV Edge on Volkswagen
Even as Germany’s national football team scrapped its way to victory in Dortmund on Saturday, a game of geoeconomic chess was taking place on the sidelines, with stakes that go beyond the European Championship. China’s BYD was looking to land…
Volkswagen is Delaying its ID.7 Electric Sedan in North America
Volkswagen’s impressive ID.7 all-electric sedan — a vehicle type that is increasingly uncommon in the US — won’t be showing up on our shores anytime soon, the automaker announced on Wednesday. It cites changes in “market dynamics” as a reason…
XPENG And The Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration
XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into…
Volkswagen Electric Car Sales Plunge as Europe Returns to Petrol
Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol. Electric vehicle (EV) sales fell by 24pc in the first three months of the year as…
China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say
CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…
Volkswagen E-Volksbus Electric Bus for Latin America Will be Produced Starting in 2024
Volkswagen Truck & Bus will start production of its electric bus model for Latin America in the second half of 2024. The model, called e-Volksbus, is under development at VWTB’s world engineering center in Resende (Brasil), and draws on all…
VW is Getting Into The EV Battery Business
With supply chains still in disarray and the war in Ukraine wreaking havoc on EV battery component commodity prices, many forward-thinking automakers are scrambling to secure not only stocks of the valuable metals like cobalt, lithium and nickel that go…
VW ID.4 Named as 2024 MotorWeek Drivers’ Choice Award
Volkswagen’s new EV, the Chattanooga-made ID.4, has been named as the 2024 MotorWeek Drivers’ Choice award for Best EV. This marks the second time the EV has been honored, with the first being recognized for the 2022 model year. The…
