Volkswagen CEO Believes It Will Overtake Tesla in EV Sales by 2025

Speaking with CNBC, VW CEO Herbert Diess stated that alleviating supply chain issues would create some momentum for the automaker to overtake Tesla in sales of electric vehicles within the next few years.

Vineeth Joel Patel2022-10-21 05:00 PT

The SEC Opened Inquiry into Volkswagen Over its Marketing Stunt of Changing its Name to ‘Voltswagen’

The U.S. Securities and Exchange Commission opened an inquiry into automaker Volkswagen over a marketing stunt last month suggesting that the company was changing its name to "Voltswagen" to reflect its future commitment to producing electric vehicles. The false report pushed up VW’s preferred shares, common shares and ADRs on the day it was announced, which led to the SEC probe of the company.

FutureCar Staff 2021-06-06 15:30 PT

Future Volkswagen Electric Models Will Get Bidirectional Charging Capability

Volkswagen revealed that starting next year, all future MEB-based electric models will get bidirectional charging capability. With bidirectional charging, Volkswagen’s future EVs could be capable of establishing a vehicle-to-grid interface.

Manish Kharinta2021-05-19 21:00 PT

Volkswagen Aims to Be the World’s Biggest Producer of Electric Drivetrains, Production Begins in China

The Volkswagen Group’s Chinese components factory in Tianjin has started production of the APP 310 drive units designed for the automakers “MEB” electric vehicle platform, which will be the foundation of millions of electric vehicles the automaker plans to produce over the next decade.

Eric Walz2020-12-23 12:20 PT

Volkswagen ID.4 Might Be $24,000 Less Than the Tesla Model Y

VW says it will offer the ID.4 and other electric models at affordable prices compared to Tesla.

Manish Kharinta2019-10-30 09:00 PT

Volkswagen Announces EV Plants in China to Compete With Tesla

In roughly 12 months, Volkswagen aims to have two electric-vehicle plants in China operational to build a total of 600,000 battery-powered cars to take on Tesla.

Vineeth Joel Patel2019-06-25 06:00 PT

VW Group Canada Forms ‘Electrify Canada’ to Install Ultra-Fast Electric Vehicle Chargers

Volkswagen Group Canada announced the formation of Electrify Canada, a new company that will build an ultra-fast electric vehicle (EV) direct current (DC) charging network across Canada. The EV chargers will be operational by the second quarter of 2019.

Eric Walz2018-08-26 14:11 PT

VW Investing $18 Billion into Chinese Joint Ventures for Automotive Technology

Volkswagen AG’s world-leading development budget is allocating billions more to its Chinese joint ventures, as the German carmaker seeks a competitive edge in producing battery-powered, autonomous vehicles with its Chinese partners.

Eric Walz2018-05-31 13:07 PT

VW to Bring Back an All-Electric ‘Microbus’

Now, Volkswagen has announced it is putting the Volkswagen I.D. BUZZ concept car into production and Volkswagen’s North American CEO Hinrich J. Woebcken is happy to bring the car back to North America.

Eric Walz2017-09-27 18:34 PT

VW Turns to NVIDIA for Help With AI and Deep Learning

Volkswagen will be working with Nvidia to expand its usage of its artificial intelligence and deep learning technologies beyond autonomous vehicles and into other areas of business, the two companies revealed on Tuesday, June 27th.

Eric Walz2017-08-04 12:07 PT