Volkswagen sets aside €35 billion for e-mobility

In the course of its latest investment planning round for 2021 to 2025, Volkswagen intends to invest around 73 billion euros in the future-oriented topics of e-mobility, hybridization and digitization. A total of EUR 35 billion has now been budgeted for electromobility – two billion more than before. From 2023, the money will also be […]

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Audi & FAW sign MoU on EV joint venture

Audi and FAW have signed a Memorandum of Understanding for the joint production of electric vehicles based on the PPE platform, which Audi developed with Porsche. With FAW, the German Volkswagen brand wants to produce several purely electric Audi models for the Chinese market from 2024. According to Audi CEO Markus Duessmann, who is also […]

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Audi negotiating electric vehicle joint venture with FAW

Audi is planning a new joint venture with FAW in China with a new plant for the production of electric cars based on the PPE platform. The Word is that the negotiations are well advanced and should be completed by the end of the year. As the German publication Automobilwoche reports without naming any concrete […]

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Oder books open for VW ID.3 First Edition 17 June

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Pre-orderers of the VW ID.3 1st Edition can place a binding order for their vehicle from 17 June, as was announced by Jürgen Stackmann, Member of the Board for sales. The purchase contracts of the pre-orderers will also be a test run for the new agency model for the distribution of the ID. models. As […]

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Porsche’s batteries are too heavy for the 718

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The electric versions of the Porsche 718 series – Cayman and Boxster – have still not been given the green light for production, according to Michael Steiner, Executive Vice President for Development. The Stuttgart-based sports car manufacturer is therefore continuing to postpone the decision. Steiner told local media that currently “We are running several electrified […]

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Audi rumoured to plan TT successor to rival Model 3

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According to a media report, the Audi TT could have a purely electric successor. The basic sporty design is to be retained, but it is not only the drive technology that will be subject to a concept change. In addition, Audi is apparently planning a direct rival to the Tesla Model 3. As the “Auto […]

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Volkswagen plans a third electric car kit

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In addition to MEB and PPE, Volkswagen is planning a third electric car kit that can also be equipped with a fuel cell. According to VW chief strategist Michael Jost, the new kit is to be used for all brand groups of the group. “The VW Group is developing a modular e-mobility platform for our […]

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Audi Q4 e-tron concept to be made in Zwickau

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Audi has just officially confirmed that the production model of the Audi Q4 e-tron concept will roll off production lines at Volkswagen’s Zwickau plant. The are also indications that there could be a sportier version of the Q4 and a saloon among Audi’s other planned MEB models. Firstly, regarding the electric car based on the […]

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Porsche 718, Cayenne & Panamera may go electric

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Within the next twelve months, Porsche intends to make a final decision as to whether the next generation of the 718 Boxster and 718 Cayman will be solely manufactured as an electric series. This was stated by Porsche boss Oliver Blume in an interview. Corresponding prototypes are already being tested. If Porsche opts for a […]

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