Volkswagen is grappling with a tough decision that could see some of its factories in Germany shut down for the first time in its 87-year history. The automaker, known for its iconic brand, is struggling to meet cost-cutting goals and…
Herbert Diess, Volkswagen’s ex-chief, is pushing back against criticism of his hybrid vehicle strategy during his time at the helm of Europe’s biggest carmaker. This comes as the Financial Times reports a slowdown in EV enthusiasm and growing popularity of…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according…
Volkswagen, the German auto giant, is hitting some speed bumps on its journey to electric vehicles (EVs). The company’s facing tough times as it tries to keep up with the fast-changing EV market, according to a recent Wall Street Journal…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
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…
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