Oil titan Exxon Mobil is venturing into the electric vehicle (EV) industry, looking to supply lithium to leading automakers, according to Bloomberg Law. Talks are underway with major players such as Tesla, Ford, and Volkswagen, among others. The negotiations also…
In a rebound reflecting the stabilization of the supply chain, Skoda Auto, the Czech unit of Volkswagen Group, reported a year-on-year surge of 35% in its first-half operating profit. This significant leap forward is an encouraging sign for the Czech…
Volkswagen, the renowned German automaker, is steering towards an autonomous future in Texas, aiming to launch self-driving vehicles for services such as ride-hailing and goods delivery by 2026. The company, which once made a substantial investment in Ford’s now-defunct self-driving…
Volkswagen is courting the idea of embracing Tesla’s North American Charging Standard (NACS), putting it in the ranks of auto giants like Ford and General Motors. Tesla’s charging design, already gaining momentum in the industry, could soon secure another major…
Volkswagen, the German automaker, is gearing up to incorporate silicon carbide (SiC) chips into its electric cars for the first time, according to a recent report by The Pioneer. This innovation is set to debut this year and promises to…
In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79…
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