Volkswagen Eyes Canada for First North American Gigafactory

Volkswagen Group and its battery company PowerCo are searching for their first North American gigafactory location with eyes on Canada, according to a press release shared on Thursday. The companies are in discussion with the Canadian government to help identify sites that would be suitable for cathode material production. PowerCo will also work with materials […]

Volkswagen ID Buzz Matrix LED Headlights Test [VIDEO]

As Volkswagen’s ID Buzz electric bus makes headlines upon its first drives, one YouTube host has shared how the vehicle’s headlights work in a video. Bjørn Nyland shared a new video showing off the adaptive matrix headlights on the Volkswagen ID Buzz on Sunday as he drives around back roads in Norway. In the video, […]

Volkswagen to Invest $2.3 Billion into Autonomous Driving Venture in China

Volkswagen announced a new joint venture with Chinese company Horizon Robotics to accelerate its automated driving plans, as detailed in a press release from the automaker. The Volkswagen Group will invest €2.4 billion euros ($2.3 billion USD) into the joint venture, while its software company CARIAD will hold a majority stake in the company at […]

Volkswagen and Mercedes Sign Battery Supply Chain Deal with Canada

After news broke that Volkswagen and Mercedes would be signing a trade deal with Canada, an officially signed a memorandum of understanding to solidify tariff-free raw materials contracts was announced on Tuesday. The memorandum of understanding was signed on Tuesday in Toronto by Volkswagen CEO Herbert Diess and Canadian Minister of Innovation, Science and Industry […]

Volkswagen, Mercedes Sign Raw Materials Trade Deals with Canada

Volkswagen and Mercedes-Benz are set to sign agreements with Canada to receive raw materials including lithium, nickel and cobalt without strict tariffs and tax regulations, according to sources familiar with the matter (via Bloomberg). U.S. President Joe Biden’s administration passed new rules for raw materials prioritizing local suppliers, thought to be a part of what […]

Volkswagen Buys $4 Billion in Lidar Sensors from Israel’s Innoviz

The race for high-powered sensors is on, and while Tesla uses camera-only sensors, rivals at Volkswagen have doubled down on laser-sensing with a huge lidar purchase. Volkswagen has purchased $4 billion worth of lidar hardware from Israeli company Innoviz, according to a statement from the lidar company reported by Automotive News. The purchase was made […]

Volkswagen Begins ID.4 Production in the U.S.

German automaker Volkswagen officially built its first electric vehicle (EV) in the U.S. this week, preparing to ramp up production in the coming months. Volkswagen began assembling the ID.4 EV at its new Chattanooga, Tennessee factory on Tuesday, according to a press release shared by the automaker. The first ID.4 EVs are expected to be […]

Redwood Materials Partners with Volkswagen on Recycling EV Batteries

Battery recycling company Redwood Materials was founded by Tesla Co-Founder J.B. Straubel, is making moves, and at least one major automaker is set to partner with the company in the years to come. Redwood Materials has announced plans to work with Volkswagen to recycle all end-of-life batteries from VW and Audi, according to a press […]

Volkswagen’s PowerCo Make EV Batteries with $20 Billion Investment [VIDEO]

Electric vehicles (EVs) are growing in popularity, and while the world still faces a battery supply issue, one European automaker is officially establishing its footprint on the battery cell industry. Volkswagen held a ground-breaking ceremony at its new Salzgitter, Germany factory, where the company will produce battery cells under its new battery company, PowerCo, as […]

Volkswagen Sells Electrify America Minority Stake to Siemens for $450 Million

Volkswagen AG has sold minority ownership in its electric vehicle (EV) charging subsidiary, Electrify America, to the financial services arm of Siemens AG. The news comes after we reported on Monday that the two parties were inching closer to a deal. Volkswagen AG confirmed a $450 million equity investment by Siemens to support Electrify America’s […]

Volkswagen Can Beat ‘Weakening’ Tesla by 2025, Says CEO to Workers

Volkswagen AG CEO Herbert Diess said in an address to employees this week that the company could overtake Tesla to become the top electric vehicle (EV) maker in the world by 2025 — reports the Financial Times. Diess said Tesla is “weakening” as it tries to ramp up production at its new Gigafactories in Austin, […]