Volkswagen, one of the world’s largest automakers, is reconsidering its ambitious electric vehicle (EV) battery production goals. According to a recent Reuters report, the company’s battery chief, Thomas Schmall, has indicated that their target of 200 gigawatt hours of battery…
Luxury automaker Porsche is making a bold move into the electric vehicle (EV) battery space, injecting fresh capital into struggling German battery manufacturer Varta. This strategic investment, reported by EuroNews, aims to secure high-performance batteries for Porsche’s growing lineup of…
Volkswagen is making significant changes to its electric vehicle (EV) development strategy in China. The German automaker is centralizing its EV operations in Anhui province, aiming to better compete with local manufacturers and meet the unique demands of Chinese consumers,…
Volkswagen’s upcoming ID.2 electric vehicle, a critical addition to the automaker’s EV lineup, has been spotted undergoing tests at Germany’s legendary Nürburgring Nordschleife. Auto Express reports on this significant development for the German manufacturer’s new Golf-sized, but Polo-priced electric car.…
Electric vehicle (EV) leasing costs in Europe have more than doubled over the past three years, driven by plummeting resale values that are putting pressure on leasing companies. This trend threatens to stall Europe’s electric transition, according to a report…
Germany’s electric vehicle (EV) market is facing a significant downturn, with July registrations showing no signs of recovery following the abrupt end of government subsidies late last year. According to a report from Bloomberg, the slump in EV sales is…
Xiaomi, the Chinese smartphone giant, is making waves in the electric vehicle (EV) market, showcasing its first electric car, the SU7, during the Paris Olympic Games. As reported by Bloomberg, this bold move marks a significant step in the company’s…
Germany finds itself in a precarious position as tensions escalate between the European Union and China over proposed tariffs on electric vehicles. The country’s deep economic ties with both sides have put it at the center of a brewing trade…
The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support…
Germany’s Stance on EV Tariffs German Chancellor Olaf Scholz has voiced his opposition to restricting automotive trade, as the European Union moves closer to imposing tariffs on electric vehicles (EVs) imported from China. Scholz emphasized that Germany’s auto industry, which…
Dirk Messner Calls for Fair, Science-Based Trade Rules In a speech at the German embassy in Beijing, Dirk Messner, president of Germany’s Environment Agency, emphasized the need for stronger multilateral ties to fight climate change amidst the current geopolitical challenges…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment…
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