Volkswagen Group

Volkswagen’s XPeng deal sets example for EV alliance between the West and China

The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, XPeng. This partnership has the potential to se

Lamborghini to ‘wait and see’ on EVs

Parent company Volkswagen Group may be investing more than $100 billion in bringing electric vehicles to market, but its supercar brand Lamborghini isn’t sold. The niche automaker is awaiting direct

Will Volkswagen’s new CEO hamstring its EV push?

Under the previous CEO, Volkswagen’s path toward an electric future seemed set. Now it seems less certain.

Volkswagen’s US CEO steps down to lead its Scout EV brand

Volkswagen Group of America CEO Scott Keogh is stepping down to helm the automaker’s Scout brand for battery-electric pickup trucks and SUVs. Keogh, who has served as president and chief executive o

Rimac begins production of its $2.5 million Nevera hypercar EV

The $2.5 million Rimac Nevera all-electric hypercar has begun rolling off the assembly line, launching on the world stage as the fastest production car and an emblem of the Croatian EV maker’s advan

Battery recycling could be the next investor darling of the EV era

Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers an

The Station: Layoffs are coming for the AV world, VW plans ‘big moves’ in China and inside Cruise’s robotaxi outages

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen

Volkswagen breaks ground on first of six battery factories

Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to

BMW taps Valeo for driving assistance systems in its next-gen EVs

BMW Group has tapped Valeo to provide the advanced driver assistance system for the automaker’s new electric vehicle platform due to launch in 2025. The deal, a significant win for Valeo, also h

What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

Rimac Group made headlines after raising a Series D round that valued the Croatian startup at $2.2 billion, prompting the question: How has it succeeded where so many other EV makers have struggled?

Ferrari will produce its first-ever SUV later this year, and launch its first EV in 2025

Ferrari shared details on its plan to launch its first electric vehicle by 2025 as it aims to go carbon neutral by 2030. The battery-electric supercar will set the tone for Ferrari’s future EVs, CEO

Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs

Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplie

Look what’s happening online today at TC Sessions: Mobility 2022

Welcome to Online Day at TC Sessions: Mobility 2022! Opportunity knocks just as loud online as it does IRL, but this knock can be heard around the world. You’ll find everything listed in the event a

Tune in tomorrow for Online Day at TC Sessions: Mobility

The two in-person days of TC Sessions: Mobility may almost be in the rearview mirror, but we’re not done yet. We still have plenty of Mobility action and opportunity waiting for you at our online ev

Audi designed a private cocoon concept car for China’s megacities

Audi unveiled Tuesday a concept car designed for customers in China’s megacities, a vehicle that aims to show how passengers of the future can escape the stresses of the city by withdrawing into the

Porsche hits the gas on synthetic fuel with $75M investment

Porsche announced Wednesday a $75 million investment in the industrial production of eFuels, a synthetic low-carbon complement to its plans to electrify 80% of its model lineup by 2030. Porsche, which

Mobileye and Zeekr plan to build an autonomous EV for Chinese consumers

Intel subsidiary Mobileye is partnering with Chinese automaker Zeekr to develop an all-electric autonomous vehicle for consumers. The vehicle will be sold in China starting in 2024 and eventually roll

Volkswagen really is becoming ‘Voltswagen’ in the US [UPDATE: Bad April Fool’s joke from VW]

UPDATE: Per the Wall Street Journal, this is actually not happening and was instead an April Fool’s joke gone wrong. VW USA still has not responded to requests for comment, but VW Europe told th

Volkswagen will bring 240 gigawatt hours of battery production capacity to Europe by 2030

Volkswagen AG is gearing up to seize the top spot as the world’s largest electric vehicle manufacturer with plans announced Monday to have six 40 gigawatt hour (GWh) battery cell production plants i

Swedish battery manufacturer Northvolt receives a $14 billion order from VW

Northvolt, the Swedish battery manufacturer which raised $1 billion in financing from investors led by Goldman Sachs and Volkswagen back in 2019, has signed a massive $14 billion battery order with VW
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