VW CEO says EU is losing competitiveness while urging clean energy investments

VW brand CEO, Thomas Shafer, says Europe, Germany in particular, is “rapidly losing” its competitiveness as it falls behind in the race to a clean energy economy.
Expand Expanding CloseIs an ‘ID Golf’ in the works? VW leader says Golf brand will be carried into EV era

Fans of the VW Golf can rejoice as new reports suggest the brand will be carried into the EV era. Although earlier information suggested the current VW Golf could be the last, according to Volkswagen’s CEO of passenger cars, the iconic brand will live on, likely alongside its ID series.
Expand Expanding CloseVW’s strategy to catch Tesla fading with key $2B Trinity EV facility plans up in the air

Volkswagen’s plans to build a new $2.2 billion EV plant to produce its flagship Trinity electric vehicle have hit a roadblock. The facility was part of VW’s strategy to accelerate EV production, close to what Tesla is achieving, but according to new reports, the plans may now be in jeopardy.
Expand Expanding CloseVolkswagen contributes to 25% overall EV delivery rise with over 120K ID.4/5 models sold so far this year

German automaking giant Volkswagen released its September deliveries report showing a 25% jump in EV deliveries through the first nine months of 2022. Despite ongoing supply chain constraints, consumers are buying VW’s electric models at a record pace as the automaker’s EV sales share climbs to a new high of 6% in September.
Expand Expanding Close2023 Volkswagen ID.4 Chattanooga edition

Volkswagen was kind enough to bring us to their new manufacturing facility in Chattanooga, TN for an all-day test drive of the 2023 VW ID.4. This was our first opportunity to put the US-made variant, in the Pro S trim, to the test and compare it to the original German-made varieties.
Expand Expanding CloseVW CFO says it’s well-positioned for EV transition after Porsche listing, will a PowerCo IPO be next?

After the historic public listing of Volkswagen’s sports performance brand, Porsche, the automaker’s chief financial officer (CFO), Arno Antiliz, says VW is ready and well funded to execute its EV strategy. He also mentions the possibility of listing its battery unit, PowerCo, to free up even more funds and accelerate battery cell development.
Expand Expanding CloseVolkswagen’s PowerCo forms new partnership to produce battery materials for 2.2M EVs

Volkswagen’s new battery company, PowerCo, announced Monday that it would be forming a joint venture with Umicore to produce battery materials for around 2.2 million EVs. The new joint venture is a significant milestone, establishing one of the first fully integrated auto supply chains as VW looks to ramp up EV sales.
Expand Expanding CloseVolkswagen’s new CEO lays out plans to boost EV transition on his first day

On his first official day taking over the reins of Europe’s largest automaker, VW’s new CEO, Oliver Blume, announced his plans to double down on electric vehicles. In an internal interview, Blume says Volkswagen will accelerate its EV transition as consumers increasingly prefer electric models.
Expand Expanding CloseVW ID Buzz electric van has received over 10,000 orders – almost selling out

Volkswagen has revealed that it has received more than 10,000 orders for the ID Buzz electric van, which means that it has almost sold out for the year.
Expand Expanding CloseVW breaks ground on new battery factory, will invest €20b into “PowerCo” spinoff

VW has announced another big battery investment, this time committing €20 billion to battery production through 2030 with a new battery production spinoff named “PowerCo.”
The announcement was made at the groundbreaking ceremony for its new battery factory in Salzgitter, Germany, the first of six plants in Europe as unveiled at VW’s “Power Day” event last March.
Expand Expanding CloseVW CEO believes Tesla will be weakened by ramping up 3 Gigafactories simultaneously

Volkswagen CEO Herbert Diess said he believes that Tesla’s decision to ramp up 3 Gigafactories simultaneously will weaken the automaker and help VW catch up in the race to dominate the EV space.
Expand Expanding CloseVW ID.Buzz electric minibus is more expensive than expected

Volkswagen has released the starting price of the VW ID.Buzz electric minibus in Europe, and it is much more expensive than originally expected. It starts at £57,115 in the UK, equivalent to $72,000 USD.
Expand Expanding CloseA California car dealership follows Tesla’s lead by selling solar alongside EVs

Capistrano Volkswagen/Mazda, a car dealership in San Juan Capistrano, California, has partnered with San Diego-based solar and battery installation company Stellar Solar to offer EV customers solar, battery storage, and EV connectivity to power their cars with clean energy.
Expand Expanding CloseVW wants to resurrect Scout as a Rivian-like off-road EV brand

VW’s advisory board is expected to approve a proposal tomorrow to spin off a new EV company centered around off-road vehicles, as reported by the Wall Street Journal and TechCrunch.
The company will resurrect the classic nameplate from the International Harvester Scout, a Jeep-like off-road vehicle from the ’60s and ’70s, and fill a similar niche as the Rivian R1T as an electric competitor to off-road enthusiast trucks like the Ford Raptor, Jeep Gladiator, and the like, but at a lower price point than the Rivian.
Expand Expanding CloseVW CEO thinks they can sell more electric cars than Tesla by 2025 – is it even possible?

Herbert Diess, the CEO of the Volkswagen Group, believes that the German automaker can sell more electric cars than Tesla by 2025. Is that goal even possible?
Expand Expanding CloseVW is preparing some improvements to MEB electric vehicles, including range of up to 435 miles (700 km)

VW is preparing some good improvements to its MEB platform, which will result in better specs in its electric vehicles, including a range of up to 435 miles (700 km).
Expand Expanding CloseFord to release second electric car based on VW’s MEB platform

Ford and VW announced that they are expanding their electrification partnership, and the former is going to release a second electric car based on VW’s MEB platform.
Expand Expanding CloseVW launches iconic ‘ID.Buzz’ EV, but does this incarnation of the Microbus inspire the same love?

Volkswagen has finally unveiled the production version of the ID.Buzz: a new electric version of the iconic VW microbus that now lives a segment of its own in the growing EV market.
But will it be loved as much as the original version?
Expand Expanding CloseVW goes ahead with $2 billion new factory to produce upcoming Trinity high-efficiency long-range electric car

Volkswagen has green-lighted a new $2.2 billion investment to build a new factory in Wolfsburg, Germany.
The new factory will be used to produce the upcoming electric vehicle developed under the “Trinity” project, a high-efficiency electric car.
Expand Expanding CloseVW confirms that some ID.4 electric SUVs were lost in infamous cargo ship fire (Update: Felicity Ace sinks)

VW has now confirmed to customers that some ID.4 electric SUVs were lost when the Felicity Ace cargo ship caught fire during its Atlantic ocean crossing.
(Update: 9am ET March 1st): Felicity Ace sank 220 miles off the coast of Portugal’s Azores Islands around 9 a.m. local time after being battered by waves
Expand Expanding CloseVW CEO Diess disagrees with Tesla CEO Elon Musk, saying L3 autonomy requires Lidar (plus VW EV Pickup, summer OTA, and more)

In a wide-ranging AMA on Reddit today, VW CEO Herbert Diess provided answers to a ton of questions from the Reddit community, some of which were news to us. Importantly, he clarified Volkswagen’s position on Autonomy and ID.4 charging update timelines while waxing eloquent on a low-price VW EV and everyone’s favorite, the Microbus.
Expand Expanding CloseVW confirms plans for ID California electric camper van

As part of a new presentation, Volkswagen appears to confirm plans for a VW ID California electric camper van.
Expand Expanding CloseVW halts electric vehicle production over supply chain issues

Volkswagen has to halt electric vehicle production for a week at two German factories over supply chain issues. This is going to affect EV supply for several of the German automaker’s brands.
Expand Expanding CloseVW CEO explains why it needs to be more like Tesla: Giga Berlin will produce 90 cars/hour on 1 line

In a new note to his management team, as he is being challenged by his own workforce, VW CEO Herbert Diess explained why the German automaker needs to be more like Tesla.
Surprisingly, a lot of it has to do with manufacturing – something that Elon Musk said would become Tesla’s main advantage.
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