Tag: Volkswagen

Volkswagen invests $700mn in China’s Xpeng to boost faltering car sales

Receive free Volkswagen AG updates We’ll send you a myFT Daily Digest email rounding up the latest Volkswagen AG news every morning. Volkswagen is investing $700mn in electric vehicle group Xpeng as the

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Tesla is lapping Germany’s automakers in the global EV race

Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla’s dominance. Instead, they’re only falling further behind. Tesla delivered 889,015 cars in the first half of

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Brash new model defies EV stereotypes

This new European car maker has launched its striking electric car Down Under and it brings a spicy flavour others can’t match. VW’s Spanish spinoff beat the German giant to market in Australia

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Plug-In Car Sales In May 2023 Exceeded 250,000

The Tesla Model Y remains the number one choice, while the Volkswagen ID.4 is the best of the rest. Jul 16, 2023 at 10:00am ET The European passenger car market expanded by some

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Car brands that have bounced back in Australia in 2023

It’s been a tough couple of years for many of Australia’s car brands, which have battled to source and deliver vehicles in the face of parts shortages, COVID outbreaks, and quarantine kinks. But

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Cleaner new Volkswagens coming to Australia ‘as soon as possible’

Volkswagen is planning to bring its cleanest, most modern engines to Australia “as soon as possible” – and the introduction of fuel and emissions standards is to thank. “We have the engines, we

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“Customer resistance:” Volkswagen cuts EV production as it fails to keep up with market

Volkswagen is cutting shifts and production on its electric vehicle lines at its Emden plant in Germany despite surging June EV sales figures in Europe. The company says the production cuts are due

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China Drives Russia Car Sales After Global Brands Quit Over War

China is grabbing a bigger share of Russia’s car market, once the third biggest in Europe, after global manufacturers from Volkswagen AG to General Motors Co. pulled out in the wake of President

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SAIC works on site selection for Europe EV plant

SHANGHAI — SAIC Motor is working on the site selection to build a plant in Europe to produce electric vehicles, the company said on Tuesday, as it presses ahead with it expansion in

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Volkswagen parks EV production following downturn in demand

Minimum six-week production hiatus will cost about 300 temporary staff their jobs as consumers look to petrol and diesel power Volkswagen has been forced to kerb its electric vehicle production in Europe following

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