Browsing: Volkswagen
Volkswagen Cuts Outlook After $1.5 Billion Tariff Hit, Sees Profit Recovery From 2026
Volkswagen slashed its 2025 sales and profit forecasts on Friday after reporting a €1.3 billion ($1.5 billion) first-half impact from…
Volkswagen is evaluating a potential capital increase for its autonomous mobility unit ADMT, which oversees the Group’s robotaxi initiative under…
QuantumScape, a U.S.-based solid-state battery developer, reported progress in scaling its technology in its second-quarter 2025 update, including an expanded…
LG Energy Solution Q2 Operating Profit More Than Doubles on Early Demand Ahead of U.S. Tariff Concerns
South Korea’s LG Energy Solution (LGES) said its second-quarter operating profit more than doubled year-on-year, as some customers accelerated battery…
Chinese electric vehicle maker Leapmotor will collaborate with state-owned FAW Group to co-develop new EV models based on Leapmotor’s B…
Chinese Carmakers Gain Record 5.1% Market Share in Europe in H1 2025 as Sales Nearly Double
Chinese car brands are continuing their rapid expansion across European markets, with sales in the first half of 2025 surging…
Volkswagen is promoting sharply discounted lease offers for its all-electric ID.4 SUV, with some dealerships advertising rates as low as…
Volkswagen’s mobility subsidiary Moia has ceased its ridepooling operations in the German city of Hanover, effective immediately, as the company…
U.S. electric vehicle (EV) sales hit a record high for the first half of 2025, with 607,089 new battery electric…
Porsche is planning a new wave of cost-cutting measures to address weakening demand in China and rising trade tensions with…
Global sales of electric vehicles (EVs) and plug-in hybrids increased 24% year-on-year in June, driven by continued demand in China…
German automaker Volkswagen has reclaimed the top spot among volume brands in the latest innovation study by Germany’s Centre of…
Volkswagen has unveiled a limited-edition production model of its ID.3 GTX FIRE+ICE, one year after its debut as a show…
Volkswagen and its Chinese joint venture partner SAIC have closed their vehicle production plant in Nanjing, marking the first time…
Austria registered 31,534 new battery-electric vehicles (BEVs) in the first half of 2025, a 42.2% increase over the same period…
Volkswagen has suspended exports of its ID.Buzz electric van to the United States, officially citing a recall as the reason,…
Volkswagen Group delivered 465,500 battery electric vehicles (BEVs) worldwide in the first half of 2025, marking a 47% increase year-on-year,…
Ford Says Michigan Battery Plant Will Qualify for U.S. Tax Credit Under Revised Legislation
Ford Motor said on Tuesday that its $3 billion electric vehicle battery plant in Marshall, Michigan is on track to…
Volkswagen is continuing its promotional offers for the 2025 ID.4 electric SUV in the United States through the end of…
The Traton Group has launched a unified Research & Development organisation, bringing together 9,000 engineers from its core brands –…