Volkswagen Group

Solid-state battery developer QuantumScape has signed an agreement with PowerCo that gives the Volkswagen Group’s battery arm a non-exclusive license to mass produce its technology. This agreement could expedite the industrialization of QuantumScape’s next-generation solid-state lithium-metal battery technology and potentially help revolutionize electric mobility.

One day after posting a significant drop in Q1 profits, Volkswagen Group is looking to trim down its administrative staff in Germany to bolster 2024 returns. Volkswagen said it is offering close to one billion dollars in bonuses for employees who opt to end their contracts early.

Volkswagen Group released its financial numbers for Q1 2024 today, following similar trends from other EU-based automakers. The numbers detail a slowing of sales and a drop in profits. Despite a 20% decrease, the Group remains optimistic that it will end the year at its financial targets.

Volkswagen Group, including Porsche, saw EV sales dip in the first three months of the year as the company prepares to launch new electric models. With the new VW ID.4 and upcoming Porsche Macan EV rolling out in 2024, Volkswagen is already seeing things turn around.

Volkswagen Group announced a new addition to its ID line of electric vehicles today, launching the ID.7 Tourer – a variant of the original fastback saloon with added cargo space and some enticing range. The estate car, better known in the States as a station wagon, arrives as one of the only all-electric options in the upper mid-size category in Europe.

Born again truck brand Scout Motors hit a significant milestone this morning, breaking ground in Blythewood, South Carolina, the site of its future US hub for electric truck production. We’re still a ways away from the public debut of Scout’s flagship model. Still, there’s a lot to be excited about, and the brand’s heritage is already garnering a loyal fanbase in full support of its all-electric transition.

Volkswagen’s latest infotainment update rolling out to several of its ID EV models includes a popular new bot – ChatGPT. The German automaker kicked off CES 2024 in Las Vegas this morning with the announcement as it looks to make the chatbot a standard feature in a majority of its passenger vehicles.

One year after initial deliveries of solid-state battery prototypes to its automotive partners, QuantumScape is receiving additional praise from PowerCo – the battery-centric subsidiary of Volkswagen Group – for the potential of its technology. PowerCo recently completed an endurance test with QuantumScape’s solid-state cells and determined they can someday power EVs that can drive 500,000 kilometers with virtually no loss of range.

New Volkswagen electric models will now support bidirectional charging. With “Vehicle to Home” capabilities, your new VW EV can be used to power your home. However, with little info, VW has left us with more questions than answers.

Volkswagen’s EV production woes in Germany continue. Volkswagen announced it’s pausing EV production at its German plant due to a lack of electric motors.

After releasing its results for the first nine months of the year, Volkswagen’s CFO said EV orders are down 50% in Europe. VW’s order intake fell short, attributed to a slowdown in the overall market.

Weeks after battery developer Gotion-High Tech acquired a 25% stake in startup InoBat, the two companies have signed an agreement to erect a gigafactory in Europe. As a Tier 1 battery supplier to its top shareholder Volkswagen Group, Gotion will look to InoBat to help it provide the German automaker and other marques with EV batteries… but where will the joint venture set up shop?

Volkswagen of America revealed today that the 2024 VW ID.4 electric compact SUV is getting a major upgrade for its 82 kWh battery models – here’s the lowdown.

The Volkswagen Group released its first-half (H1) 2023 results Thursday, showing a 48% rise in electric vehicle deliveries. Despite expectations for a higher proportion of EV sales in the second half of the year, Volkswagen has lowered its overall delivery guidance, citing logistics bottlenecks.

A week after confirming its subsidiary Audi will be co-developing EVs with SAIC Motor, Volkswagen Group is investing hundreds of millions of dollars in China’s XPeng Motors. Together, the automakers plan to jointly develop Volkswagen branded EVs for the Chinese market.

VW’s US Innovation Hub just announced four breakthroughs in electric mobility and sustainable transport – here’s what the research center has achieved.

Volkswagen Commercial Vehicles continues to expand the scope of its autonomous driving technology simultaneously on two separate continents using its ID.Buzz electric vans. In Germany where the robotaxi testing initially started, Volkswagen will begin transporting actual passengers for the first time, including government officials.

Volkswagen confirmed that it is in talks with Tesla to adopt the NACS connector for its electric vehicles in North America.

The news comes after Electrify America, which was founded by Volkswagen, announced the adoption of NACS.

Audi AG has announced a changing of the guard at CEO, as Markus Duesmann is being relieved of his duties following a resolution passed by the automaker’s supervisory board today. Duesmann will be succeeded by Volkswagen Group’s vice president of Product and Group Strategy and general secretariat, Gernot Döllner. Here’s what we know.

The German automaker’s chief financial officer believes the Volkswagen Group will be able to deliver an affordable EV with new, cheaper battery materials and streamlined production.

The Volkswagen Group hit a milestone after revealing 1 million electric vehicles have been produced on its MEB electric car platform.