Hyundai Mobis, a Hyundai Motor affiliate, has taken a step forward to diversify its customer base. The automotive parts supplier announced on August 9 that it has secured a large-scale...
German auto giant Volkswagen AG's $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting...
BYD Co. extended its lead over Volkswagen AG as China's top-selling automaker, with its wide range of electric vehicles proving hugely popular among local buyers.
Europe's largest carmaker is developing self-driving expertise in the US. Volkswagen Group of America announced that it has started a pilot autonomous vehicle (AV) program in Austin,...
Volkswagen has doubled down to grow its charging capability in the world's largest EV market. The automaker's China division announced on July 3 that it plans to increase capital...
Carmakers are scaling up their battery technologies to support the growing EV business. Tesla just announced the output of its 4680 battery cell had achieved 10 million at Gigafactory...
Volkswagen Passenger Cars announced a performance program on June 14 that is expected to facilitate its electrification. The company aims to improve earnings by EUR10 billion (US$10.9...
Numerous media outlets have reported that the Volkswagen Group of Germany could undergo its largest reorganization in a decade. In the impending reorganization, cost reduction would...
Volkswagen and General Motors are both accelerating electrification in China, the world's largest EV market. SAIC Volkswagen Automotive recently started upgrading one of its Shanghai...
Global autonomous vehicle unicorn startups and major carmakers have been on track to lay off employees in the underperforming departments since the second quarter of the year, especially...
China-based battery company Gotion High-tech introduced its L600 Astroinno battery cell and pack with LMFP materials on May 19. It claimed the product was the first non-NCM battery...
To catch up in the world's largest EV market, Volkswagen has focused on software R&D. The European carmaker is reportedly in talks with tech company Huawei to use the latter's...
Major automakers based outside China, such as General Motors and Volkswagen, will likely lose market share in the world's largest car market with slower pace of electrification, according...
Volume recovery in Europe and the US helped Volkswagen grow sales revenue by more than 20% in the first quarter of 2023. However, the carmaker's deliveries in China fell by 14.5%...
