Update March 30: It was a joke after all, as we suspected. Shame on you, Volkswagen. Volkswagen has made major announcements in the last year about its moves towards zero-emission vehicles, and in a new announcement, the company has taken these goals one step further. On Tuesday, Volkswagen unveiled a new name for its U.S. […]
Volkswagen has been boldly climbing the battery electric vehicle (BEV) ladder, with its shares up over 50% this year. On Monday, Deutsche Bank analysts raised their price target on Volkswagen from €185 ($220 USD) to €250 ($298 USD), led by analyst Tim Rokossa, reports Market Watch. The news, which was shared in a note to […]
Volkswagen has major plans to shift towards electric vehicles (EVs), and despite not having a full line of EVs yet, the company is already playing a major role in the European market’s move to sustainable transportation. For February 2021, the small VW e-UP! EV was the top seller in Germany, followed by the Tesla Model […]
Volkswagen (VW) denied claims that it would join forces with Tesla on Tuesday, responding to “Squawk Box Europe” on whether the company would rule out future deals with the electric vehicle (EV) company, as reported by CNBC. VW CEO Herbert Diess said, “No, we haven’t considered [it], we are going our own way. We want […]
The Union Bank of Switzerland (UBS) called Volkswagen Tesla’s most credible rival earlier this month, and it would be hard to deny the claim, especially amidst news of new electric vehicle (EV) factories from the European company. On Monday, Volkswagen announced plans to establish six battery cell factories across Europe by 2030, according to Reuters. […]
Earlier this week, the Union Bank of Switzerland (UBS) named Tesla the most valuable software company of the future, and in a recent analysis, the firm is now highlighting Volkswagen as the closest competitor with Tesla’s electric vehicles (EVs). On Thursday, Fortune reported that, after tearing down the VW ID.3, the UBS determined that the […]
Volkswagen CEO Herbert Diess recently joined Twitter to take on Tesla CEO Elon Musk, but some suggest that Apple’s autonomous car plans may be the real competition Diess will need to face down the line. On Sunday, Reuters reported that Diess is not threatened by the prospect of an Apple Car, despite rumors circulating over […]
Autonomous driving is a hot topic in the auto market today, and a number of companies have already shared plans to get in on the action. Volkswagen has plans to develop its own autonomous driving software in-house, rather than working with a third-party company, as reported by Auto News Europe. The news comes from an […]
As electric vehicles (EVs) continue to populate the roads more and more, we’re also beginning to witness a global entry into new territory – the auto market’s switch, at large, to zero-emissions vehicles. According to EV Sales, Europe’s top-selling EV in December 2020 was the Volkswagen ID.3, which delivered a total of 28,108 units. This […]
Volkswagen is a major auto brand, and is, thus far, the only major automaker to truly put up a fight against Tesla. Still, it’s worth a small fraction of Tesla’s market capitalization, so the fight’s far from over. On Thursday, Volkswagen CEO Herbert Diess created his own Twitter account, and tweeted his first message straight […]
Germany, like many countries in Europe, is already seeing a major transition to electric vehicles (EVs), even following a year ravaged by the COVID-19 pandemic. It comes as no surprise then that German company Volkswagen sold more units of the ID.3 in Germany in December 2020 than any other EV company by a margin of […]
The future is autonomous, and technology to support the claim is already being revealed to the public on an almost weekly basis. On Sunday, Volkswagen released a short teaser video on YouTube, debuting its new, mobile charging robot which can operate with full autonomy. The robots, when fully operational, will be able to haul compact […]
According to Bloomberg Opinion, Volkswagen’s annual spending update for investors quickly turned into a display of how the veteran automaker plans on measuring up to Tesla. Despite Tesla having only a fraction of the sales VW does, Elon Musk’s company boasts over four times the German automaker’s market cap. VW appears to be obsessed with […]
The Tesla Model 3 led Dutch EV sales for September, with 977 units sold, totaling 11% of the total market share. With the Kia Niro right behind it (749 units sold with 11% market share), onlookers were uncertain about the future of the charts, and October has brought with it new developments to outsiders. In […]
After performing admirably in the Netherlands during Q3 2020, Volkswagen’s ID.3 has taken over the globally successful Tesla Model 3 as the top-selling electric vehicle in Norway, according to data from Elbil Statisikk (via The Driven). Volkswagen, a German original equipment manufacturer operating in the global automotive industry, became a legend in the auto industry […]
