Seat aims for 500,000 electric cars per year

Seat wants to produce 500,000 electric cars per year in Spain from 2025 for its own label and other Volkswagen Group brands. Seat announced the target along with its own new ‘urban electric vehicle’ at the company’s annual press conference. Seat’s new urban vehicle, a tiny electric car, currently only exists as a concept sketch. […]

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VW brand to halt combustion engine development

Following Audi’s lead, the Volkswagen brand VW no longer intends to develop new combustion engines. Further developments of the existing units would suffice, according to CEO Ralf Brandstätter, before VW is to become mostly electric. In an exclusive interview, brand CEO Ralf Brandstätter said, “At the moment, I do not expect a completely new engine […]

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VW to launch ID.4 deliveries in March

VW is starting customer deliveries of the ID.4 this month. The first ID.4s will be handed over to customers in many European markets before the end of March. Deliveries in the USA began a few days ago, while Europe will follow with Germany starting on 26 March. A total of 23,500 orders for the vehicle […]

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VW’s Tesla-style Power Day updates alarm South Korean battery suppliers: report

During Volkswagen’s recently-held Power Day, the veteran German automaker announced that it would be utilizing a new unified prismatic battery for its upcoming electric vehicles. This move reportedly alarmed battery suppliers LG Energy Solution and SK Innovation, both of which have already invested heavily in pouch battery production sites in the US, Europe, and Asia.  […]

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Volkswagen ID.4 rolls out in the US as reservation holders report first deliveries

Volkswagen (VW) has started ID.4 deliveries in the United States. Some reservation holders have already reported receiving their new ID.4 electric vehicles.  VW has established a network of over 600 dealers in the US since it started preparations for ID.4 deliveries in the country more than two years ago. As part of its preparations, the […]

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Volkswagen’s Tesla-inspired gameplan shoots stock upward for third straight day

Volkswagen stock (OTCMKTS: VWAGY) was sent soaring into growth territory once again on Wednesday morning during early trading hours. Its Tesla-inspired gameplan for cutting electric vehicle battery costs is contributing to more appeal from investors. On Monday, Volkswagen held its first-ever “Power Day” event, revealing its outline to cut battery costs, increase cell production across Europe, […]

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