VW Considering Cooperation with Renault on 20,000-euro Electric Car -Handelsblatt
Volkswagen is speaking with potential partners, including France’s Renault , about cooperating on the development of its 20,000-euro ($21,476) electric car, Germany’s Handelsblatt newspaper reported on Friday, citing people familiar with the matter. The German carmaker is interested in cooperating…
Volkswagen Partners up For Scout EV Development with $492 Million deal
Volkswagen has decided to work with another automaker to help develop its revived Scout electric vehicle (EV) brand in Europe, with recent reports saying the company secured an order worth around 450 million euros ($492 million). Graz, Austria-based manufacturer Magna…
Volkswagen’s Largest EV Plant Slows Down Again Due To Weak Demand
The situation at the Volkswagen Group’s largest electric car factory in Zwickau, Germany appears to be worsening. After numerous reports of demand issues earlier this year, Volkswagen cancelled the third shift on production line number 1, which is responsible for…
Volkswagen ID.7 is the Flagship Model in VW’s EV Family
Volkswagen’s premium midsize sedan ID.7—the brand’s new flagship EV (earlier post)—will be launched around the world. The new Volkswagen can now be ordered in Europe; a 282-hp ID.7 Pro with 82kWh (gross) battery offers a Worldwide Harmonized Light Vehicles Test…
Volkswagen Aims to Bring Under-$35,000 EV to US in 3-4 years-VW Executive
Volkswagen aims to bring an under-$35,000 electric vehicle to the U.S. market in 3-4 years, a senior VW executive said on Thursday. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, VW plans to build the under-$35,000 EV…
Volkswagen Group’s Electric Car Order Bank Shrunk By 50% In Europe
The Volkswagen Group experiences lower-than-expected demand and sales of electric cars, but intends to maintain its pricing to prioritize margins and profitability.In the nine-month financial report, the company revealed that its order bank in Western Europe includes 1.4 million vehicles,…
US Inflation Reduction Act Boosts EV Sales: Tesla up 62%, Volkswagen up 42%
The U.S. Inflation Reduction Act (IRA) has been found to significantly impact the sales volumes of automobile manufacturers in the global electric vehicle (EV) market, excluding China. According to a study by the energy market research firm SNE Research, the…
New EUR 1.7 Billion Electric Car Battery Plant To Open In Nysa Creating 900 Jobs
The robust health of Poland’s automotive industry has again been highlighted after it was announced that a company owned by Volkswagen had signed a EUR 1.7 billion deal to open a factory in Nysa.Set to create 900 jobs, the plant…
Volkswagen Is Releasing An Electric Transporter Next Year Using Ford’s EV Components
An electric version of Volkswagen’s iconic Transporter van will debut next year. For the first time, the Transport will not be based on the California camper but on a newly developed platform with Ford.Volkswagen’s Transport is one of the top-selling…
Volkswagen Charges Up Electric Car Battery Production With Joint Venture
The Volkswagen Group’s new European battery joint venture aims to produce batteries for 2.2 million electric vehicles (EVs) by 2030.Newly christened Ionway, the AU$4.5 billion joint venture between Volkswagen’s battery subsidiary, PowerCo, and circular material technology company, Umicore was first…