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...
Following the German government's move to curtail subsidies for electric vehicles (EVs) major automakers reassured consumers by pledging to absorb the costs.
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...
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...
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...
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...
Higher prices have been one of the factors that hinder EV adoption, prompting carmakers to develop more affordable models. A Volkswagen executive said that the company aims to launch...
Xpeng Inc.'s boss He Xiaopeng met with Volkswagen AG executives in Germany recently, offering a bullish update on its partnership with Europe's biggest automaker.
Volkswagen AG is curbing the production of electric vehicle models at two German plants due to declining European demand and shrinking government subsidies.
Carmaker Volkswagen has taken a new strategy to secure semiconductors. The company said it will purchase strategically important semiconductors directly from manufacturers. The move...
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
Hyundai Mobis, a Hyundai Motor affiliate, has taken a step forward to diversify its customer base. The automotive parts supplier announced on August 9 that it has secured a large-scale...
German auto giant Volkswagen AG's $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting...
