Volkswagen aims to produce almost 50% more electric cars than it previously targeted, boosting a bet that has already strained profit margins.
Volkswagen plans to add a subcompact crossover costing about €18 000 (R290 000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla.
Microsoft and Volkswagen are set to strike a deal to connect the car manufacturer’s entire vehicle fleet as the world’s biggest automaker steps up its transformation into digital and mobility services.
Volkswagen has mapped out details of its transformation from a mass manufacturer of cars to a provider of transportation services by unveiling a car-sharing service and promising digital acquisitions.
A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen has said it was writing a cheque for batteries that almost match Tesla’s entire market value. VW has awarded
Elon Musk started Tesla with a goal of accelerating the switch to electric cars by about a decade. That wish is now catching up with him. Starting with Jaguar’s I-Pace crossover and later this year Audi’s Q6 e-tron, virtually every
Henry Ford didn’t invent the motor car. The late 1800s saw a flurry of innovation by hundreds of companies battling to deliver on the promise of fast, efficient and reasonably priced mechanical transportation. Ford later came
Nvidia, trying to spread its industry-leading graphics chip technology into new areas, has said Uber Technologies and Volkswagen will use its artificial intelligence expertise to help bring self-driving cars to the roads. Uber
Volkswagen’s namesake brand will present the concept of a fully electric crossover model in Shanghai next week to challenge Tesla’s Model X as the German manufacturer gears up to roll out a new zero-emission
Volkswagen will seek redemption in electric cars, autonomous driving and ride-sharing after its cheating on diesel-emissions technology led to the biggest scandal in its history and hastened a corporate overhaul