Posts Tagged volkswagen

Volkswagen To Invest $1.7 Billion Into Electric Trucks, Buses

Much like its German automotive rival Daimler, Volkswagen is planning to go big with its electric and automated truck and bus plans.  In total, VW Truck & Bus will invest some €1.4 billion ($1.7 billion) into electric power-trains, autonomous systems and cloud-based software. The company intends to develop its own electric…

1 week ago by Mark Kane 14

Volkswagen Teams With China’s JAC To Build 100,000 EVs Annually

China’s top state planner has approved a joint venture proposition placed by Volkswagen and JAC Motor (Anhui Jianghuai Automobile Group) some eight months ago. The two automakers intend to invest roughly 5.1 billion yuan ($740 million), and sell 100,000 all-electric vehicles annually in the country. The next step is the completion of…

3 weeks ago by Mark Kane 0

Tesla Model 3

Der Spiegel Calls Tesla Biggest Concern For German Automakers

DER SPIEGEL: GERMANY’S AUTOMAKERS FACE ‘EXISTENTIAL CHALLENGE’ WITH ARRIVAL OF TESLA Germany’s top automakers have been plagued by an unprecedented crisis related to cartels and collusion surrounding their beloved diesel engine technology. Now, having turned their backs on electric vehicles for years, they’re facing another existential challenge. Der Spiegel* reports, “The biggest cause for concern in the…

4 weeks ago by EVANNEX 34