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…
Chinese electric vehicle manufacturer Xpeng is gearing up for a significant expansion into the European market, as reported by Bloomberg News. The company is planning to introduce entry-level cars and establish local production facilities in Europe, aiming to circumvent potential…
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…
BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus…
According to a recent video by tech reviewer MKBHD, Volkswagen’s highly anticipated electric mini bus, the ID. Buzz, is finally making its way to the United States. This modern take on the iconic 1960s VW Bus aims to blend nostalgia…
Volkswagen has at last unveiled the official pricing and electric range for its highly anticipated ID. Buzz electric minivan, as reported by Autoblog. The vehicle, first teased as a concept in 2017, is set to hit the market with a…
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,…
In a significant shift in the electric vehicle (EV) landscape, Hyundai Motor Group has emerged as a formidable challenger to Tesla’s market supremacy. According to recent data reported by EconoTimes, Hyundai and Kia have collectively captured 10% of the U.S.…
The European Union’s new tariffs on Chinese-made electric vehicles (EVs) have caused a significant slowdown in their influx, according to recent data from Dataforce. The move, aimed at protecting EU automakers from low-cost competition, has resulted in a 45% decrease…
European Union’s new tariffs on Chinese-made electric vehicles (EVs) have sent shockwaves through the market, causing a significant drop in registrations. According to Bloomberg, the introduction of these tariffs, which can reach up to 48%, has led to a 45%…
Ford is ramping up its efforts to compete in the affordable electric vehicle market, according to a report from Electrek. The automaker recently presented dealers with renderings of potential new electric models, including sedans, crossover SUVs, and pickups, all aimed…
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.…
Porsche SE, the investment vehicle controlled by the Porsche-Piëch family, is eyeing new opportunities in the automotive sector, particularly in electric vehicle (EV) technology, as market valuations decline. This news comes from a recent Financial Times report. Seeking EV Opportunities…
Volkswagen Group is revising its electric vehicle roadmap, pushing back the launch of its highly anticipated Trinity EV while potentially fast-tracking an all-electric Golf, according to a report from Handelsblatt newspaper. Trinity’s Delayed Arrival The Trinity, initially positioned as VW’s…
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…
Reuters reports that the European Union is set to impose tariffs of up to 37.6% on electric vehicles (EVs) imported from China, marking the EU’s largest trade case to date. This move, aimed at leveling the playing field for European…
According to Bloomberg, Volkswagen has made a bold move in the electric vehicle (EV) market, agreeing to invest up to $5 billion in American EV startup Rivian. This partnership aims to accelerate the development of cutting-edge electric vehicle technology and…
Chinese Car Companies Demand 25% Tax on European Vehicles Chinese car companies have called on their government to impose import taxes of up to 25% on European Union (EU) rivals if the bloc follows through with its threat to impose…
China has strongly criticized the European Union’s decision to impose tariffs of up to 38.1% on Chinese electric vehicles, calling it protectionist behavior and urging the EU to correct its “wrong practices,” reports Reuters. The reaction from China and other…
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…
DJI Automotive Brings Drone Expertise to Cars DJI, the world’s leading drone manufacturer, is making significant strides in the automotive industry through its subsidiary, DJI Automotive. By leveraging its expertise in drone technology, DJI Automotive is reportedly offering affordable autonomous…
US and EU Throw Up Roadblocks, but Automakers Grow Closer to China The US and Europe are erecting barriers to keep Chinese cars out of their markets, but at the corporate level, automakers are growing ever closer to China. President…
Chancellor Confident in Germany’s Auto Industry Despite Challenges German Chancellor Olaf Scholz has praised Volkswagen AG’s move to develop affordable electric vehicles (EVs) priced from €20,000 ($21,696) as “very good.” Speaking at the East German Economic Forum in Bad Saarow,…
Volkswagen (VW) and Renault have called off discussions about jointly developing an affordable electric version of the Twingo, reports Reuters. This decision is a significant setback for European carmakers striving to compete with cheaper Chinese electric vehicles (EVs).
Volkswagen Embraces Tesla’s Charging Standard Volkswagen Group, a global automotive giant with brands such as Audi, Porsche, and Bentley, has announced its decision to adopt Tesla’s electric vehicle charging standard. This move places Volkswagen among the ranks of major automakers…
In a strategic move to revolutionize its electric vehicle (EV) software capabilities, Volkswagen AG has onboarded a former Tesla Inc. engineering director, Sanjay Lal. With Lal’s prior experience at industry giants Tesla, Rivian, and even Google’s Android Automotive division, VW…
Volkswagen Scales Back on Two EV Models Amidst Waning Demand In a recent move reflecting market challenges, Volkswagen is set to temporarily cease production on two of its electric vehicle (EV) models. If you’ve been tracking the growth of EVs,…
Volkswagen (VW) shakes the auto industry with a fresh take on a classic: the ID.GTI. Reimagining the iconic 1976 Golf GTI, this new electric concept heralds what might be the future of the legendary “hot hatch.” Delving into the ID.GTI…
Halfway Point Reached in Volkswagen’s Ambitious 2025 Charging Goal In a recent update from Europe’s top carmaker, Volkswagen is swiftly advancing its mission to expand electric vehicle (EV) infrastructure. Thomas Schmall, the group’s board member responsible for technology, shared some…
Recent challenges have rocked Chinese electric vehicle (EV) producer, Xpeng, but brighter days may be on the horizon. In an exclusive chat with CNBC on Monday, Brian Gu, vice chairman and co-president of Xpeng, shed light on the company’s strategies…
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