Volkswagen

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, […]

Volkswagen Close to Selling Minority Stake in Electrify America: Report

Volkswagen AG has negotiated an agreement to sell minority ownership in its electric vehicle (EV) charging subsidiary, Electrify America, to the financial services arm of Siemens AG — reports The Wall Street Journal. According to the publication’s sources, the deal would value the EV charging network at more than $2 billion USD. The two parties […]

Volkswagen Unveils ID. AERO Electric Sedan with Up to 620km Range

Volkswagen on Monday unveiled a concept for its first all-electric limousine, the ID. AERO, in China. The car will be the German automaker’s first global, fully-electric sedan and the sixth member of the ID. family after the ID.3, ID.4, ID.5, ID.6, and ID. Buzz. “With the ID. AERO show car, we are revealing a preview […]

Volkswagen Loses 2 EV Executives as ID.4 Production Ramps Up in U.S.

Volkswagen Group of America has lost two key electric vehicle executives, ahead of the company’s plans to ramp up production of its ID.4, reports Automotive News. VW Group of America’s vice president for e-mobility, Matt Renna, has departed the company. He has since become head of hardware for autonomous delivery vehicle company Nuro in March, […]

Volkswagen ID AERO Electric Limo Gets Unveiling on June 27

A new electric vehicle (EV) is heading to Chinese markets from Volkswagen’s fold, set to be premiered to the world next week. Volkswagen plans to unveil the world’s first electric limousine, the ID AERO, on June 27, as detailed in a press release shared by the automaker on Wednesday. The Volkswagen ID AERO will be […]

Volkswagen Launches ID.4 Pro 4MOTION Dual Motor AWD

As electric vehicles (EVs) continue to increase in popularity around the world, one automaker has shared a new variant of one of its best-selling new vehicles. Volkswagen has added a new all-wheel-drive variant of the ID.4 Pro Performance 4MOTION, featuring a second motor and a power transferring system to further increase traction, according to a […]