The investment is part of the $5.8 billion joint venture agreement announced in June 2024 to allow the two companies to share technology.

China's emerging automotive dominance owes largely to a singular manufacturing achievement - slashing vehicle-development time by more than half, to as little as 18 months for an all-new or redesigned ...

Profits are in a tight squeeze as the world's second largest carmaker battles with fierce competition in China, the billion ...

Scout aims to stand out thanks to its huge financial backing from Volkswagen Group, whilst having the heritage of an iconic ...

US company Lyten acquires Northvolt’s battery energy storage systems facility in Gdansk for an undisclosed amount ...

A BRITISH car selling giant with a stock of 91,000 motors has been saved from closure. Despite suffering “heavy losses” and ...

BYD has become the world’s largest EV maker and now ranks third globally in overall auto market share. Read why I rate BYDDF ...

From mythical winds to desert nomads, Volkswagen has a habit of picking strange names for its compacts, sedans, and SUVs.

China's Contemporary Amperex Technology Co. Ltd. (CATL) is a key player in the global transition to more sustainable ...

Volkswagen doesn't want to leave the autonomous ride-hailing market, estimated to grow to over a half a trillion dollars by 2035, to Big Tech.

Post-war production started slowly due to steel quotas, a shortage of available workers, and damage to the factory, but Volkswagen still managed to make more than 10,000 cars for export in 1946.

Volkswagen has cut headcount in Germany by around 7,000 since starting its cost-cutting drive in late 2023 and reduced factory costs at the key VW brand, its CFO said on Wednesday on a call ...