Canada Will Need 20 Years to Break Even on Volkswagen EV Plant: Report

A recent report from Ottawa’s budgetary watchdog, Parliamentary Budget Officer Yves Giroux, has indicated a much longer timeline for the Canadian and Ontario governments to recover their investments in tax credits for Volkswagen and Stellantis battery plants. Contradicting Prime Minister Justin Trudeau’s initial claim of a five-year break-even, the analysis suggests a 20-year horizon. The […]

Volkswagen Invests $700M into China’s EV Maker Xpeng

The Volkswagen Group is bolstering its foothold in the Chinese automotive market through strategic partnerships with Xpeng and SAIC. The move is part of the Group’s local electrification strategy, aiming to tap into new customer and market segments in China’s rapidly growing e-mobility market. Volkswagen has inked a technological framework agreement with Xpeng. The initial […]

Volkswagen ‘Evaluating’ Implementation of Tesla’s NACS

Volkswagen announced on Thursday that it is currently in discussions with Tesla regarding the implementation of the Tesla North American Charging Standard (NACS) for its customers in North America. In an official statement, Volkswagen confirmed that the company and its associated brands are evaluating the potential adoption of Tesla’s NACS. The move is part of […]

Volkswagen EV Plant Deal to Cost Canada Billions More than Expected

According to the parliamentary budget officer, Canada’s exclusive contract with Volkswagen, for the establishment of an electric-vehicle battery plant in southwestern Ontario, will cost the federal government an estimated $16.3 billion over the next decade. This figure surpasses the government’s initial projections, which accounted for a $700 million capital investment and up to $13.2 billion […]

Volkswagen Announces EV Battery Factory in Canada for $7 Billion

Volkswagen is taking a significant step forward in its electric vehicle strategy in North America, announcing the construction of its largest gigafactory to date in St. Thomas, Ontario, Canada. With a planned investment of up to €4.8 billion / CAD$7 billion by 2030, the facility will have an annual production capacity of up to 90 […]

Hands-On: Volkswagen ID.7 Debuts with up to 700 km Range [VIDEOS]

Summary: Volkswagen reveals electric ID.7 with 700 km range. ID.7 includes efficient drive and advanced features. Launching in Europe and China in 2023, North America in 2024. Volkswagen has unveiled the ID.7, the brand’s first all-electric model for the upper mid-size class, boasting a combination of excellent aerodynamics, a new efficient drive generation, and an […]

Volkswagen Halts ID.4 EV Sales: Doors Could Open While Driving

Volkswagen has issued a stop-sale order to its dealers in the US and Canada for its ID.4 electric SUVs due to potential door safety issues. Water seeping into the door handles of approximately 18,000 vehicles built at Volkswagen’s Chattanooga, Tennessee factory could cause the doors to open unexpectedly at low speeds, according to a notice […]

Volkswagen to Invest in Mines, Plans to Become Global Battery Supplier

According to Reuters, Volkswagen plans to invest in mines to decrease battery cell costs, fulfill half of its own demand, and sell to third-party customers. Thomas Schmall, the carmaker’s board member in charge of technology, stated that Volkswagen aims for its battery unit, PowerCo, to become a global battery supplier and satisfy half of its […]

New Volkswagen CEO Ends ‘Friendly’ Rivalry with Elon Musk: Report

Volkswagen Group’s new CEO, Oliver Blume, isn’t interested in continuing his predecessor Herbert Diess’s longstanding “friendly rivalry” with Tesla CEO Elon Musk — reports Fortune. According to the publication, Blume told company managers in a meeting earlier this week that he has no plans to cozy up to the CEO of Volkswagen’s foremost competitor, which […]

Volkswagen Unveils ID2 EV Concept, Will Cost Under $26,500 USD

Volkswagen on Wednesday unveiled the ID. 2all electric vehicle concept, which it says will cost under €25,000 ($26,466 USD). The concept shows a two-door hatchback that looks like a Volkswagen Golf, while the company noting it will have range up to 450 km (279 miles) and will be “as spacious as a Golf” but “as […]

Volkswagen Picks Canada for First North American Battery Cell Plant

European automaker Volkswagen stands to gain access to new electric vehicle (EV) subsidies in North America as it prepares to build its first battery cell plant on the continent. Volkswagen is set to build its first North American battery cell plant in Canada, as announced on Monday and reported Reuters. The plant will also allow […]

VW ID.4 Recall Affects 21,000 Cars That May Stall on the Road

Volkswagen has announced a new recall applying to about 21,000 ID.4 units from the 2021 model year, with issues surrounding the vehicles’ battery management control modules and pulse invester control modules, as reported by Ars Technica. Reports of issues with the battery management software began surfacing in July 2021, though later investigation from the company […]

Volkswagen Won’t Cut Prices Like Tesla, Says Exec

Tesla has left Volkswagen in a tough spot on the veteran automaker’s home turf after recently dropping the prices of its Model 3 and Model Y electric vehicles (EVs) by up to 16.8% in Germany. The discounts, which Tesla said were a result of “normalizing” inflation, have led to increased demand for and interest in […]

Volkswagen Teases ID.7 Concept Debuting at CES 2023

Volkswagen announced on Tuesday evening it will be teasing its ID.7 electric vehicle at CES, beginning on January 5 through January 8 at CES in Las Vegas, marking the return of the company after a six-year hiatus. “With the new ID.7, we are extending our electric model range into the upper segments. The sedan will […]