Rivian and Volkswagen Group Announce the Launch of their Joint Venture
Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies – with a…
Skoda-Volkswagen to Invest in EV Plant
Investment in EV Plant: Skoda Auto Volkswagen India Private Limited (SAVWIPL) is set to invest Rs 15,000 crore in establishing an electric vehicle (EV) manufacturing plant in Chakan, Maharashtra. This is part of the company’s broader strategy to expand its…
Volkswagen and Xpeng Deepen Software Collaboration Across EVs in China
Xpeng will deepen its cooperation with German automaker Volkswagen AG, with the two pledging to develop a new electrical and electronic solution for all battery-powered cars made in China under the VW brand. The Chinese electric vehicle maker said on…
Onsemi Selected to Power Volkswagen Group’s next gen Electric Vehicles
onsemi has signed a multi-year deal with Volkswagen Group to be the primary supplier of a complete power box solution as part of its next-generation traction inverter for its Scalable Systems Platform (SSP). The solution features silicon carbide-based technologies in…
VW Anhui Launches ID.UNYX, its 1st EV Model in China, Starting at $28,900
Volkswagen Anhui, the Chinese joint venture majority-owned by German carmaker Volkswagen, has officially launched its first electric vehicle (EV) model, the ID.UNYX, in China to tap the world’s largest and most competitive EV market. Volkswagen Anhui rolled out the ID.UNYX,…
VW and SAIC to Develop two New EV Models
Volkswagen and SAIC have signed a series of technical cooperation agreements for new products as part of their Chinese joint venture. These include the development of two all-electric models and three plug-in hybrid models in China and Germany, which will…
XPENG And The Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration
XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into…
China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say
CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…
Mahindra to Use Volkswagen Electric Components, Battery Cells
Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles (EVs), the companies said in a statement on Friday. Mahindra plans to use…
Volkswagen is Getting Closer to Cell-to-pack (C2P) EV batteries
Volkswagen Group China has begun producing battery systems at a new factory in Hefei, China for its MEB platform EVs in the country. The initial capacity of the plant will be 150,000-180,000 EV packs per year, and marks VW’s first…
