Germany marks record electric car sales

According to the Federal Motor Transport Authority (KBA), 21,188 electric cars were newly registered in Germany in September, which marks a new record. This was 5,112 more than in August (16,076). Electric cars and plug-in hybrids together reached a market share of around 15% for the first time. Compared to the same month last year, […]

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VW reconsiders three brands under electric strategy

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As part of its realignment towards more economies of scale in the mass production of electric cars, Volkswagen is putting the future of its Lamborghini, Bugatti and Ducati brands to the test, according to a media report. A decision could fall next month. As Reuters claims to have learned from high-ranking corporate circles, Volkswagen management […]

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VW and JV partners invest €15Bn in e-mobility in China

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Volkswagen will invest around 15 billion euros in electric mobility in China by 2024 with its three joint venture partners SAIC, FAW and JAC. This comes in addition to the €33Bn the Group had already announced in 2019 for the global development of the electric car sector. Last year, Volkswagen set itself the goal of […]

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