Volkswagen may cut 2,000 jobs at its software subsidiary: report

Volkswagen may be looking to cut as many as 2,000 jobs at its software subsidiary Cariad, according to a new report. German publication ManagerMagazin.de reported on Friday that the board of directors for Volkswagen software subsidiary Cariad approved plans to let go of 2,000 workers last Wednesday, with the cuts expected to occur between 2024 […]

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Volkswagen EV deliveries increase by 45% since January 2023

Volkswagen recently published its third quarter sales volumes and revenues and reported that its electric vehicle (EV) deliveries have increased by 45% from January to September 2023.  VW delivered 531,500 EVs in the first nine months of the year, making up 7.9% of deliveries. In the third quarter, 9.0% of Volkswagen’s deliveries were electric vehicles. […]

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Volkswagen to stop selling gas cars in Norway in 2024: importer

Volkswagen plans to sell its last gas car in Norway by the end of this year, as shared by a major Norwegian import company last week. Møller Mobility Group says Volkswagen will sell only electric vehicles (EVs) in Norway starting in 2024, as announced in a press release shared on Friday. The importer also notes […]

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Upgraded Volkswagen ID.4 & ID.5 now available for pre-order

The upgraded Volkswagen ID.4 and ID.5 models are now available for pre-order.  Volkswagen enhanced the new ID.4 and ID.5 electric vehicles with a better infotainment system and improved software. Some variants of the VW ID.4 and ID.5 also received a new electric drive motor, promising better performance of the electric vehicles.  “Our customers can look […]

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Volkswagen’s PowerCo creates cathode active material plant for EV batteries

 Volkswagen’s battery company, PowerCo, entered into a joint venture with Umicore to create Ionway, a battery material production company.  Ionway will focus on producing cathode active materials (CAM) and pCAM in Europe. CAM is a key component in lithium-ion battery cells in electric vehicles (EVs). PowerCo and Umicore’s new company will be based in Brussels. […]

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Volkswagen to upgrade plants for increased efficiency and profits

Volkswagen plans to upgrade its plants in Germany for increased efficiency and profits. The plant upgrades will help the company achieve its goals for its ACCELERATE forward | Road to 6.5. The German automaker’s Group Board of Management informed the Supervisory Board about its vehicle allocation plans to upgrade its plants through 2028.  “Our industry […]

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Volkswagen brings change-up to shifts at Zwickau EV plant

Volkswagen is bringing some change to its shift structure at the Zwickau production plant, which builds only all-electric vehicles. The Zwickau plant in Germany has been Volkswagen’s EV production plant for nearly two years and is a significant contributor to the brand’s strategy to eventually phase out gas-powered vehicles in an attempt to become a […]

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Volkswagen faces mounting pressure from Tesla and BYD

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the […]

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Volkswagen expected to initiate job cuts at Zwickau EV plant: report

Volkswagen’s electric vehicle plant in Zwickau, Germany, is expected to implement a round of job cuts. Reports suggest that about 2,500 temporary workers at the West Saxony complex will be affected.  Volkswagen’s Zwickau plant, which has been exclusively producing EVs since January 2022, is a core component of the veteran automaker’s electric vehicle strategy. The […]

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