Tag: volkswagen
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Germany sets a new EV registration record, leaving ICE in the dust
Germany has set a new electric vehicle registration record, as one of every three new vehicles registered in the country in October was electric, according to new data from the German Association of the Automotive Industry (VDA). In October, electric vehicles accounted for 30.4 percent of new car registrations due to the current dynamics of…
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Tesla’s groundbreaking influence in EV sector appreciated by VW and Ford CEOs
Tesla’s groundbreaking influence in the electric vehicle sector has been recognized by Volkswagen AG CEO Herbert Diess and Ford CEO Jim Farley, who both recognized the automaker and CEO Elon Musk’s efforts as the benchmark for the sector. It is no secret Tesla and Musk have been instrumental in the development of electric vehicles, but…
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Tesla’s Elon Musk makes surprise appearance at VW executive conference
The Elon Musk and Herbert Diess budding bromance seems to be going strong, with the Tesla CEO making a surprise appearance at the Volkswagen managers’ 2021 Leadership Summit in Alpbach, Austria. Elon Musk’s attendance at the VW Group gathering reveals Diess and the Tesla CEO’s deep respect for each other. Musk’s appearance also shows that…
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RAM Takes Out Top Honors In J.D. Power’s Initial Quality Study
J.D. Power has just published its annual U.S. Initial Quality Study and for the first time, Ram took out top honors. The study measures the number of problems experienced per 100 vehicles (PP100) during the first 90 days of ownership. This year’s study surveyed 110,827 owners of 2021 model year vehicles. A lower score is…
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Volkswagen teams with Tesla to slash India import duties
Volkswagen has teamed up with Tesla in support of slashing import duties in India, the major barrier between automakers selling their vehicles in the market due to the high rates the country’s government has equipped to boost local manufacturing. For the last few months, Tesla has made more progress toward entering India with its vehicles,…
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Volkswagen’s ID.5 GTX to be unveiled in September: ‘Elegant athleticism meets efficiency’
Volkswagen will expand its lineup of all-electric cars in mid-September at the IAA Munich Motor Show in Germany. The German automaker will unveil the ID.5 GTX at the event, its first SUV coupé that will use the Modular Electric Drive Matrix (MEB). Referring to the new ID.5 as “elegant athleticism meets efficiency,’ two all-electric engines…
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Automakers have battery anxiety, so they’re taking control of the supply
Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years. It’s no longer just about securing a supply of cells. The string of partnerships and joint ventures show that automakers are taking a more active role in the…
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Tesla China more than doubles VW’s Q2 sales figures in June alone
Tesla more than doubled Volkswagen’s battery electric vehicle (BEV) sales for the second quarter of 2021 in a single month. In June alone, Tesla sold more than 28,000 BEVs to Chinese customers, while VW managed to deliver just over 12,000 BEVs in Q2 as a whole. Earlier today, Volkswagen announced its sales figures for the…
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Volkswagen Group aims to double US market share to 10% by 2030, could overtake Tesla as early as 2025
After announcing the New Auto strategy, the Volkswagen Group expects its share of fully electric vehicle sales to rise to 50% by 2030, potentially doubling its market share in the US to 10%. The figure is based on a group level, so that will include sales from Porsche, Bentley, and Audi as well. Company CEO…
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Electrify America to double number of EV chargers as wave of electric vehicles come to market
Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over its diesel emissions cheating scandal, said it will double the number of its electric vehicle fast charging stations in the United States and Canada by the end of 2025. The commitment, if successful, means 1,800 fast charging stations…