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VOLKSWAGEN EV NEWS
Rivian stock (RIVN) today surges after Uber’s $1.25 billion bet on robotaxis – here's the breakdown of the deal and what investors need to knowRivian stock (RIVN) today: Rivian Automotive's stock surged over 7% following a significant partnership with Uber Technologies. Uber plans ...- Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- Audi announces massive job cuts, sends big message to luxury car industryAudi employs about 88,000 people worldwide, including 55,000 in Germany.
- Big boost for US-based EV makers: India's Union Budget 2025-26 announces slash in custom duties on EV battery materials, who will be the biggest beneficiaries?The Union Budget 2025 by the Indian Government has been recently announced, and there is a major surprise for foreign EV makers in it. Basi...
- Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
- Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reportsVolkswagen and its Chinese partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars. The Nanjin...
- Volkswagen considers historic German plant closures in cost driveVolkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...
- Canada slaps 100% tariffs on Chinese electric vehiclesPrime Minister Justin Trudeau introduced significant tariffs on Chinese electric vehicles and steel and aluminum products to counter state-...
- Why Elon Musk's Tesla is facing crisis in US EV market? Will Joe Biden administration's tariff put brakes on EVs?In 2024, the U.S. EV market is growing but faces challenges like political polarization, infrastructure issues, and industry adjustments. D...
- LG drives in infotainment, smart solutions for your carLG Electronics, diversifying into the automotive market, has 2,500 Bengaluru engineers aiding global developments. EV solutions are eyed in...
- Slowing EV sales are upending banker climate strategiesThe global electric vehicle market faces challenges as China leads in EV development, impacting sales in Europe and US. Policy intervention...
- Bumpy ride for electric cars in EuropeElectric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go befo...
- India proposes slashing EV import taxes in UK free trade dealIndia is considering reducing import taxes on some high-value electric vehicles. New Delhi is contemplating a 30% concessional tariff on up...
- Tesla, just turn the key & drive in India...Domestic conglomerates like the Tatas and Mahindra are seeking the early mover advantage in EVs. At this point, Tesla will enjoy both techn...
- Electric vehicles are key battleground at Shanghai Auto ShowEVs make up a quarter of car sales in China, the world's largest car market, and dozens of new models from domestic and Western brands were...
- Nissan pushes partner Renault to sell down stake, may raise funds -sourceRenault owns about 43% of Nissan, which wants its French ally to wind down the stake to 15%, drawing level with Nissan's share in the allia...
- Skoda Auto Volkswagen studying small car EV for India, considering an EV factory post 2025The company expects the semi-conductor supplies to improve from the second half of 2022. Speaking to the media post 2021 earnings call, Sch...
- Volkswagen, Ford deepen electric vehicle cooperationVolkswagen on Monday said it has deepened its e-mobility partnership with Ford under which the U.S. carmaker will produce a second electric...
- Hyundai slips to 6th place in global electric vehicle market in 2021 1st halfThe automaker's global EV sales jumped 75.6 percent on-year to 51,300 units in the first six months of the year, but its market share fell ...
- China and electric cars offer automakers hope after a dire 2020China's auto industry rebounded swiftly following its shutdown to tackle the COVID-19 outbreak, while in Europe manufacturers' battle to me...
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