Carmakers are scaling up their battery technologies to support the growing EV business. Tesla just announced the output of its 4680 battery cell had achieved 10 million at Gigafactory...
Volkswagen Passenger Cars announced a performance program on June 14 that is expected to facilitate its electrification. The company aims to improve earnings by EUR10 billion (US$10.9...
Numerous media outlets have reported that the Volkswagen Group of Germany could undergo its largest reorganization in a decade. In the impending reorganization, cost reduction would...
Volkswagen and General Motors are both accelerating electrification in China, the world's largest EV market. SAIC Volkswagen Automotive recently started upgrading one of its Shanghai...
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...
China-based battery company Gotion High-tech introduced its L600 Astroinno battery cell and pack with LMFP materials on May 19. It claimed the product was the first non-NCM battery...
To catch up in the world's largest EV market, Volkswagen has focused on software R&D. The European carmaker is reportedly in talks with tech company Huawei to use the latter's...
Major automakers based outside China, such as General Motors and Volkswagen, will likely lose market share in the world's largest car market with slower pace of electrification, according...
Volume recovery in Europe and the US helped Volkswagen grow sales revenue by more than 20% in the first quarter of 2023. However, the carmaker's deliveries in China fell by 14.5%...
Volkswagen aims to break ground on its largest battery plant to date in 2024. The carmaker said it will invest EUR4.8 billion (US$5.28 billion) in the battery project in Canada by...
Volkswagen unveiled another project to gain a presence in the world's largest EV market. The carmaker said it will invest EUR1 billion (US$1.1 billion) in building an EV R&D and...
Indonesia is expecting more international investment to inject into its EV segment. PowerCo, Volkswagen's battery subsidiary, has expressed interest in building a battery ecosystem...
Shortages of automotive ICs have been significantly reduced since 2023, with variations in demand now serving as the primary driver, according to sources in the car industry supply...
Volkswagen AG said lucrative new US incentives for EV makers were just too good to pass up when weighing to pick a partner or build its own factory to make cars for the new Scout...
