Tag: Volkswagen AG
Why Toyota – the world’s largest automaker – isn’t all-in on EVs
Roughly two decades ago, Toyota Motor became the preferred carmaker of U.S. environmentalists and eco-conscious consumers with its Prius hybrid, an "e [...]
Alibaba, FedEx, Bed Bath & Beyond and more
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana.Kaiti Sullivan | Bloomberg | Getty ImagesCheck out the companies making th [...]
EV makers face cash squeeze amid soaring battery, production costs
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company's plant in Normal, Ill.Michael Wayland / CNBCIn the transition from g [...]
Audi confirms Formula 1 entry from 2026 as sport welcomes Volkswagen brand
The luxury brand is expected to have a tie-up with Sauber, although have only announced they are manufacturing engines from 2026 so far.Florian Gaertn [...]
Automakers investing in the South as EVs change the auto industry
Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors' Spring Hill plant in Tennesse [...]
Innoviz wins $4 billion dollar Volkswagen lidar contract
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesIsraeli [...]
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it's "one of the largest private forest owner [...]
Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant
Herbert Diess, CEO of VolkswagenSean Gallup | GettyVolkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. [...]
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the develo [...]
States spend billions on EVs to replace automotive capital Michigan
For as long as there has been an auto industry, Michigan has been its epicenter. But now, the industry is making clear that it is not bound by traditi [...]
Volkswagen CEO says EV outlook is very good
An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have [...]
VW and Goldman-backed Northvolt gets $1.1 billion funding
Northvolt's most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and [...]
BYD sold so many EVs it’s one of the top three automakers in China
One of BYD's bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022.Anadolu Agency | Anadolu Agency | [...]
Why QuantumScape investors are still waiting for new EV batteries
A solid-state battery development lab for QuantumScape.QuantumScapeThe electric vehicle space has seen a handful of impressive stock market debuts in [...]
Croatian EV supercar maker Rimac raises 500 million euros
Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 mil [...]