Volkswagen Board Rejects Blume Restructuring Plan
Oliver Blume’s grand plan to resuscitate Volkswagen Group suffered a setback last week at a company board meeting.
Oliver Blume’s grand plan to resuscitate Volkswagen Group suffered a setback last week at a company board meeting.
The auto industry news of the week has to be Volkswagen’s apparent crisis and plan to cut four factories, half of its models, and about 100,000 employees. So, when I saw other news coming out of Germany, I had to think about Volkswagen and what it’s been lacking, or has … [continued]
Kai Grünitz, Olaf Lies, Robert Müller, Jörg Tegeler, and Martin Sander at the handover of the 1.5 million ID. model in Emden. Copyright: Volkswagen AG.
The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company’s future.
Last week, Volkswagen Group’s Elli launched its V2G service in Germany. Vehicle to Grid (V2G) means that an EV can charge off the grid and also feed energy back into the grid when needed. I had briefly mentioned the launch in key takeaways from InterSolar/Power2Drive, but it deserves a deeper … [continued]
Kai Grünitz, Olaf Lies, Robert Müller, Jörg Tegeler, and Martin Sander at the handover of the 1.5 million ID. model in Emden. Copyright: Volkswagen AG.
Major changes are coming to Volkswagen Group as it struggles to adapt to high manufacturing costs and tariffs.
A Volkswagen ID.7 connected to the Elli BiDi Charger: bidirectional charging integrates the vehicle battery into the energy system and can help reduce mobility costs. Copyright: Volkswagen AG.
Elli presents an integrated product package for bidirectional charging in Germany together with Volkswagen, Volkswagen Commercial Vehicles and CUPRA at Power2Drive. The offer combines compatible electric vehicles, the Elli BiDi Charger, Volkswagen Naturstrom V2G Flow electricity tariff and the Elli BiDi App, enabling active participation in the energy market via … [continued]
The Electric Urban Car Family enters production with four models from three brands, all Made in Spain, that are set to make electric mobility accessible across Europe. The start of production of the CUPRA Raval and Volkswagen ID. Polo marks the beginning of a new era for the company and positions Martorell … [continued]
Volkswagen is the leading electric vehicle seller in Europe. It may not be at the level of BYD or Tesla globally, but it is one of the top automakers in terms of EV sales globally as well. Europe is where it shines, though, and the new ID. Polo is an … [continued]
We’ve got some positive news from Volkswagen and Rivian this month, but we’ve also got a matter of concern for Volkswagen that could be quite costly. Volkswagen × Rivian Going Well One of Volkswagen’s big EV plays in the past several years has been partnering with Rivian, including investing in … [continued]
It’s hard to keep track of what’s going on in the US electric vehicle market. Several automakers have stopped producing EVs or pulled EV models off the market, while others are in a kind of limbo state. The Volkswagen ID. Buzz is one of those models that has been in … [continued]