Volkswagen Group’s electric transition is continuing at a good pace. Its pure electric (BEV) sales were up nearly 50% in the first six months of 2023 compared to the first six months of 2022. They grew from 217,200 to 321,600. Furthermore, there are another 200,000 or so BEV orders on …
Read More »Volkswagen has Ambitious Plans to Capture European EV Market Share
Just as the EV price wars are heating up, Volkswagen has launched its much awaited ID7 sedan. Expected to be priced around $38,000 to $40,000 for the entry level model, the stunning sedan will assuredly be a direct competitor to Tesla’s Model 3. A release by the company on Monday …
Read More »World’s Major Automakers Pledge to End Sale of Gas Cars by 2040
A new agreement involving nations, companies, and cities aims to eliminate fossil fuel vehicles by 2040, bringing the globe one step closer to abandoning gas-powered cars. The Glasgow Declaration on Zero Emission Cars and Vans, which was introduced at this year’s COP26 climate summit, is the first of its kind. …
Read More »Europe to Boost Battery Production as Electric Shift Accelerates
As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base. Far from being autonomous, Europe needs to accelerate domestic battery output as a national security issue as well as a boost for businesses and jobs. …
Read More »Volkswagen Eyes 15% Share in Chinese Electric Car Market
German carmaker Volkswagen plans to increase its share in China’s market for cars with alternative engines, like those powered by electricity, to about 15%, equivalent to the share it currently enjoys in the sales of standard automobiles, the head of its branch in the Asian country said. “Volkswagen has a …
Read More »The Five Factors Driving the Mass Adoption Of Electric Vehicles
Global electric vehicle sales grew by 43% during 2020, and in some markets such as Norway or the Netherlands sales outnumber petrol and diesel cars. In Europe overall, electric sales during 2020 exceeded half a million units, while in the United States, the new Biden administration is considering incentives to …
Read More »Geneva Car Show. Basel Watch Fair Canceled as Virus Spreads
Two of Switzerland’s largest trade fairs fell victim to the coronavirus epidemic. with organizers of the Geneva International Motor Show and the Baselworld watch fair pulling the plug on this year’s salons as the outbreak spreads in Europe.
Read More »Renault Looks to Cut Costs After Slashing Dividend. Posting Loss
Renault SA moved to reassure investors by dangling the prospect of cost cuts and assets sales after posting its first annual loss in a decade.
Read More »Cheaper Batteries. More Chargers for Electric Car Buyers in 2020
The rush to electrify transportation will shift to Europe from China in 2020 as carmakers and governments work to cut carbon emissions that lead to global warming.
Read More »Volkswagen Boosts EV Production Target to 1.5m by 2025
It is set to launch eight new electric or hybrid car models across all of its brands this year. including its new flagship ID.3 EV.
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