Volkswagen Pulls Back On Electric Car Plans
Volkswagen announced this week that it has two new PHEV versions of the Golf and has ended its collaboration with Renault.
Volkswagen announced this week that it has two new PHEV versions of the Golf and has ended its collaboration with Renault.
Porsche and Tesla both had battery factory news this week. It is amazing how small details can impact multi billion dollar decisions.
News reports from Germany indicate Volkswagen Group CEO Oliver Bloom is about to fire the entire management team at Cariad.
T&E analysis shows European car manufacturers have doubled profits since 2019, yet they claim EU plans to clean up toxic emissions are too costly.
And 17% of people in another survey don’t know Tesla builds an EV!
In a surprise move, Volkswagen is replacing Herbert Diess with Oliver Blume as CEO.
In 2020, Volkswagen Group increased the share of renewables powering its European factories from 80% to 95% (year over year/YoY), and 10 of its factories became 100% renewably powered. The target is for them to reach 100% renewable power by 2023. In China, Volkswagen Group increased the share of renewables … [continued]
Porsche and Audi have agreed to work together to create electric car chassis they can share in the future, saving each company about a third on development costs they would have to spend otherwise.
The most recent generation of Porsche diesel engines may be the last one, going by comments recently made by company CEO Oliver Blume in an interview with Reuters.
In other words, the company may be backing away from further development of diesel vehicles … or maybe the comments are simply meant as a PR stunt. Who knows as of yet?
The world’s largest auto manufacturers and parts suppliers are banding together to bring self-driving cars to market as quickly as possible. The scope and complexity of the undertaking means it is more economical to combine forces rather that continue to work toward the goal separately. Bosch and Daimler have recently agreed to work together, and the heads of Porsche and Audi have announced their companies will work more closely together.