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VW breaks ground on new battery factory, will invest €20b into “PowerCo” spinoff

volkswagen salzgitter battery factory

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.

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VW wants to resurrect Scout as a Rivian-like off-road EV brand

vw scout all-electric EV off-road brand rivian competitor

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.

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VW 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

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VW CEO Diess disagrees with Tesla CEO Elon Musk, saying L3 autonomy requires Lidar (plus VW EV Pickup, summer OTA, and more)

Diess Musk

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.

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I spent one week driving the VW ID.4 – here’s how it went

Volkswagen partnered with Electrek to test the ID.4 electric crossover for a week. During the development, release, and launch, we’ve covered the ID.4 with great anticipation.

For this sponsored partner post, I test out the ID.4 as a daily driver and road-trip vehicle, taking notice of the comfort, utility, and light off-road capabilities.

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