SAIC Volkswagen, a China-based joint-venture automaker established by Volkswagen and China-based automaker SAIC Motor, saw sales of its automobiles in the China market in June and...
Despite the headwinds across the automotive industry, Volkswagen Group saw a more than 10% increase in 1H22 operating profits from last year. CFO Arno Antlitz said the environment...
Automakers have been diversifying battery supply in response to the surging demand for electric vehicles (EVs). Several of them, including Tesla, have taken the path to self-produce...
Tesla may lose its crown as the world's biggest EV maker to Volkswagen (VW) in around 18 months, as indicated in a new research report, sparking market concerns about whether this...
Volkswagen Group broke ground on its first of six battery plants in Europe last week, marking progress in vertical integration. Moreover, the automaker has been expanding the software...
The automotive supply chain has been affected by the ongoing Russia-Ukraine war. European automakers have been hit the hardest due to their geographical relationship and have not...
The Tesla Model 3 had led the electric vehicle (EV) market in sales for the past four years, but 2022 is expected to be the last year of its reign as the Model Y takes over. Additionally,...
The high reactivity and flammable nature of lithium batteries have caused problems for electric vehicle (EV) makers over the years. Although players in the automotive supply chain...
Toyota's market capitalization exceeded JPY 40 trillion (US$351 billion) for the first time on January 18, though temporarily. The number is about 60% higher than its market capitalization...
The Bosch Group and the Volkswagen Group have signed a memorandum of understanding, agreeing to explore the possibility of establishing a European battery equipment solution provid...
A chip shortage arising from the COVID-19 pandemic has slammed global carmakers, forcing them to seek solutions at the same time. As a result, some companies have considered or started...
With the electric vehicle (EV) market continuing to grow, carmakers in Europe and the US have been building battery plants or partnering with battery manufacturers domestically. The...
Volkswagen (VW) took a step forward to gather momentum in electric vehicle (EV) production. The Europe-biggest carmaker will establish a European company to take charge of activities...
Osram's LED technology contributes to the energy efficiency of Volkswagen's L1 concept car presented at the Frankfurt International Motor Show (IAA). The vehicle, which according...
