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NEWS TAGGED VOLKSWAGEN
Friday 12 April 2024
Volkswagen invests EUR2.5 billion in China to boost innovation, jointly-built EVs with Xpeng
Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
Monday 25 March 2024
BYD takes on EV laggards Toyota, VW with steep China price cuts
Not content with unseating Tesla Inc. as the world's top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and...
Tuesday 12 March 2024
Western EV makers scaling back provides Chinese competitors challenges and opportunities
Slower demand for EVs has prompted European and US carmakers to delay their plans. Zhu Huarong, chairman of China-based Changan Automobile, said the situation will hamper Chinese...
Thursday 22 February 2024
Volkswagen's lithium battery business finds an Indian friend
A tractor manufacturer has signed an agreement to use Volkswagen's lithium cells.
Wednesday 21 February 2024
Volkswagen to supply EV parts to Mahindra, open for EV manufacturing partner in India
As electric vehicles (EVs) gradually penetrate the nascent Indian market, Volkswagen looks to make inroads by partnering with local manufacturers aspiring for the EV sector and launching...
Tuesday 20 February 2024
Thousands of VWs stuck at US ports due to violation of UFLPA, say reports
Reports from international media indicate that Volkswagen's vehicles, including thousands of Porsche cars, hundreds of Bentley cars, and thousands of Audi cars, are being held at...
Friday 16 February 2024
Volkswagen-backed Scout Motors breaks ground on first plant, targeting 200,000 EVs annually
Scout Motors took a step further to establish its first production site in South Carolina, the US. The company aims to begin production by the end of 2026 and make 200,000 vehicles...
Friday 16 February 2024
VW surpasses BYD as China's top car vendor
According to international media reports, the Chinese automotive market saw an unexpected sales performance in January from Volkswagen, which took first place in local production...
Friday 19 January 2024
Uncertainties may disrupt German EV market
The electric vehicle (EV) landscape in Germany may see disruption in 2024 as Chinese manufacturers make inroads into the market, and reduced government subsidies put pressure on growth...
Friday 12 January 2024
EV makers cannot absorb cut German government subsidies
Following the German government's move to curtail subsidies for electric vehicles (EVs) major automakers reassured consumers by pledging to absorb the costs.
Wednesday 10 January 2024
ChatGPT to enhance automotive assistance, future of AVs uncertain
AI and the technology's best-known LLM ChatGPT are becoming ubiquitous in the automotive industry.
Wednesday 20 December 2023
Tesla charging connector attracts 28 automakers as Volkswagen joins the crowd
Tesla's North American Charging Standard (NACS) has won over most leading carmakers after the Volkswagen group said several of its brands will adopt the charging connector in North...
Wednesday 20 December 2023
Automakers commit to full EV subsidy after German government drops out
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Friday 15 December 2023
VW’s software unit reaches deal on 20% budget cut, voluntary buyouts
Volkswagen AG's software unit Cariad has agreed to cut 20% of its internal development costs annually until 2028 as it attempts to avoid forced layoffs in a major restructuring prescribed...
Thursday 23 November 2023
Volkswagen starts high-voltage battery system production in China
Volkswagen Group has begun production at its first 100% owned battery plant in China. Volkswagen (Anhui) Components (VWAC) will produce high-voltage battery systems to support the...