Ford and Volkswagen’s Argo investments totaled $1 billion and $2.6 billion, respectively, but the two automakers have now concluded that the dream of fully autonomous vehicles is not worth chasing, at least for now.
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Volkswagen nearly doubled their EV sales in 2021
The Head of Volkswagen Group Sales announced that it almost doubled its EV sales in 2021.
The company delivered 452,900 battery-electric vehicles, representing a 96 per cent increase in year over year global sales.
VW saw considerable gains...
Volkswagen sets a date for the Microbus reveal
After nearly five years of rumours, hints and buzz, Volkswagen will unveil the ID Buzz on March 9. ￼
Herbert Diess, the Volkswagen CEO, tweeted the news and a rendering of the Microbus in a GIF.
Originally, VW was only going to present the...
Volkswagen compensating ID.4 buyers for 2022 price increase
Volkswagen announced to their North American dealers that they would compensate specific buyers for the ID.4 electric SUV with a special deal.
The incentive will help offset a price increase for the 2022 model year.
According to a...
Volkswagen eyeing Spain and eastern Europe as sites for next two gigafactories
Volkswagen announced on Monday it will announce the locations of its next two gigafactories in the first half of 2022.
The German automaker said it was looking at Spain and eastern Europe as potential locations for...
Volkswagen announces three new partnerships to support transition to EVs
Volkswagen has announced new strategic partnerships with three different companies, all of which are related to electric vehicle (EV) battery production.
The partnerships come as the German automaker prepares to...
Volkswagen CEO Herbert Diess to remain but with fewer powers
According to sources, Volkswagen's CEO Herbert Diess is likely staying on as the leader of Europe's largest automaker.
However, he will cede some responsibilities after a clash with local labour leaders.
It seems like Diess will...
Volkswagen announces new factory in Germany to counter Tesla's Giga Berlin
Volkswagen on Tuesday announced plans to build a new factory just a few hours away from Tesla's soon-to-be-completed Giga Berlin.
The new factory will be located near the automaker's headquarters in Wolfsburg. The...
Volkswagen Group working on new wireless charging concept with Porsche Taycan
The Volkswagen Group of America's Innovation Hub is working on a wireless charging option with the Oak Ridge National Laboratory (ORNL) and the University of Tennessee. The work is happening in Oak Ridge, Tennessee...