ID. range, the GTI revival, PPE platform and Group strategy — Wolfsburg’s EV pivot in full.
The European Union’s transition to electrified vehicles hit a significant milestone in 2023, with hybrid and battery-electric vehicles collectively matching traditional internal combustion engine (ICE) registrations for the first time. New data from Eurostat reveals that electrified vehicles captured 48.3% of new passenger car registrations, nearly equivalent to the 48.8% share held by pure petrol
Chinese electric vehicle manufacturers are establishing a growing presence in Mexico, marking a strategic move that could reshape North America’s automotive landscape. BYD, the world’s largest EV maker by volume, is leading this charge with makeshift dealerships appearing across Mexico City, where their Dolphin Mini compact EV sells for $18,000 – nearly $10,000 less than…
BYD’s aggressive expansion strategy is paying off as the Chinese electric vehicle manufacturer prepares to announce November sales figures that will likely cement its position ahead of traditional automotive powerhouses Ford and Honda in global sales volume. The company’s remarkable growth trajectory has already seen it surpass Tesla in quarterly revenue, marking a significant shift…
Tesla’s dominance in the Australian electric vehicle market is showing signs of erosion, with November sales dropping 35.5% year-over-year to 2,540 units according to Electric Vehicle Council data. This decline contributes to the brand’s first annual sales decrease of 20.9% in the market, marking a significant shift in the company’s previously upward trajectory. While Tesla…
The United Kingdom has reached a significant milestone in its automotive history as the number of petrol-powered vehicles peaks at 18.7 million, marking the beginning of what experts predict will be a dramatic shift toward electric mobility. According to a comprehensive report from Auto Trader, this figure is expected to plummet by more than 40%…
In a dramatic shift from traditional industry-regulator dynamics, America’s largest automakers are quietly strategizing to preserve Biden’s EV mandates despite Trump’s promises to eliminate them, according to a New York Times report. The High-Stakes EV Transition The auto industry finds itself in an unprecedented position – defending regulations they once resisted. Ford, GM, and Stellantis…
Volkswagen and Rivian have announced a groundbreaking $5.8 billion joint venture focused on developing advanced electric vehicle technology and software platforms, according to a report from Deutsche Welle. Strategic Partnership Aims for 2027 Launch The collaboration, unveiled in Palo Alto, California, will leverage Rivian’s expertise in software and EV technology across VW’s brand portfolio. VW…
Breaking New Ground in EV Tech Collaboration In a major strategic move that’s reshaping the EV landscape, Volkswagen and Rivian have announced an ambitious joint venture focused on developing advanced software and electronics for electric vehicles. The partnership, which significantly expands on their June agreement, involves a $5.8 billion investment from Volkswagen for a 50%…
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