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Volkswagen is Exploring Ways to Use its EV Batteries to Power the Grid

Volkswagen is Exploring Ways to Use its EV Batteries to Power the Grid

German automaker Volkswagen is exploring new ways to use its electric vehicle batteries as a power storage device when the cars are not in use, a business currently dominated by utilities and energy companies, the company's chief strategist Michael Jost said on Thursday.

FutureCar Staff 2020-03-12 18:25 PT

Volkswagen’s Truck Unit Traton SE Offers to Buy U.S. Truck Maker Navistar for $2.9 Billion

Volkswagen’s Truck Unit Traton SE Offers to Buy U.S. Truck Maker Navistar for $2.9 Billion

German truck manufacturer Traton SE, the truck division of automaker Volkswagen, has made a $2.9 billion offer to buy the remaining shares in U.S.-based truck maker Navistar International Corp. Traton currently owns a 16.8% stake in Navistar.

Eric Walz2020-01-30 15:55 PT

Volkswagen Unveils a Robotic Mobile EV Charging Concept

Volkswagen Unveils a Robotic Mobile EV Charging Concept

German automaker Volkswagen offered a glimpse into the future by unveiling a visionary electric vehicle charging robot concept that can turn any parking space into an electric vehicle charging station.

Eric Walz2019-12-26 10:30 PT

VW’s Audi to Cut 10% of its Workforce to Fund Shift Towards Electric Vehicles

VW’s Audi to Cut 10% of its Workforce to Fund Shift Towards Electric Vehicles

Volkswagen’s luxury brand Audi announced that is is cutting around 10% of its workforce to save money as the company shifts towards producing electric vehicles.

FutureCar Staff 2019-11-26 10:30 PT

Volkswagen is Investing $66 Billion in E-Mobility and Digital Technology

Volkswagen is Investing $66 Billion in E-Mobility and Digital Technology

German automaker Volkswagen AG plans to invest 60 billion euros ($66.12 billion) by 2024 to develop electric and hybrid cars as well as digital technologies, the company announced on Friday.

Eric Walz2019-11-15 10:50 PT

Volkswagen Kicks Off Production of Fully-Electric ID.3

Volkswagen Kicks Off Production of Fully-Electric ID.3

Production of the ID.3 electric car officially began this week, marking a large fundamental change for the brand as it moves to electric vehicles.

Vineeth Joel Patel2019-11-09 06:00 PT

Volkswagen Begins Pilot Line Production of EV Battery Cells in Germany

Volkswagen Begins Pilot Line Production of EV Battery Cells in Germany

Volkswagen announced on Monday that a pilot line for small-series battery cell production began operating on Monday at the Volkswagen Group Center of Excellence in Salzgitter, Germany.

Eric Walz2019-09-23 16:45 PT

ID.4 to be Volkswagen’s New U.S.-bound EV Crossover

ID.4 to be Volkswagen’s New U.S.-bound EV Crossover

Volkswagen is already working on introducing a new EV crossover aimed at the American market

Manish Kharinta2019-09-20 07:00 PT

Volkswagen Unveils its ID.3, the Electric Car That Will Take On Tesla

Volkswagen Unveils its ID.3, the Electric Car That Will Take On Tesla

On the evening before the International Motor Show (IAA) in Frankfurt yesterday, guests got the first detailed look at the new electric ID.3 hatchback, which represents a new era for the VW brand. The ID 3 is the first of many electric models VW plans to introduce and represents the automaker’s multi-billion dollar push to electrify its lineup.

FutureCar Staff 2019-09-10 19:00 PT

Volkswagen to Invest $577 million in Brazil Auto Plant

Volkswagen to Invest $577 million in Brazil Auto Plant

Volkswagen AG will invest 2.4 billion reais ($577 million) in one of its Brazil factories, Sao Paulo state governor Joao Doria said on Thursday during a visit to the automaker’s headquarters in Germany.

FutureCar Staff 2019-08-29 10:30 PT

Volkswagen Says its Not Interested in Buying Tesla Stake

Volkswagen Says its Not Interested in Buying Tesla Stake

Volkswagen said on Thursday it was not interested in taking a stake in Tesla, denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and battery technology.

FutureCar Staff 2019-08-22 12:17 PT

Volkswagen Reports a 3.3% Drop in Vehicle Deliveries for July

Volkswagen Reports a 3.3% Drop in Vehicle Deliveries for July

As global vehicle production slows, the world’s biggest automakers are reporting slower car sales this year, including Volkswagen AG. The automaker said it delivered 489,000 vehicles throughout the world in July, a 3.3% drop over the same period last year.

FutureCar Staff 2019-08-14 17:30 PT

Volkswagen Showcases Pedestrian Detection System, Claims Works at Speeds of 40 MPH

Volkswagen Showcases Pedestrian Detection System, Claims Works at Speeds of 40 MPH

Volkswagen’s new pedestrian monitoring system can work in daylight and darkness and sweeps a specific area ahead of a vehicle to look out for pedestrians.

Vineeth Joel Patel2019-08-11 15:00 PT

Volkswagen Investing $2.6 Billion in Ford’s Self-Driving Arm Argo AI and Will Collaborate On Electric & Autonomous Vehicles

Volkswagen Investing $2.6 Billion in Ford’s Self-Driving Arm Argo AI and Will Collaborate On Electric & Autonomous Vehicles

In one of the biggest collaborations between two global automakers and a tech startup, the Ford Motor Co and Volkswagen AG announced today that they will work together on electric and self-driving cars.

Eric Walz2019-07-12 10:10 PT

Volkswagen Says 50% of China Sales will be NEVs by 2035

Volkswagen Says 50% of China Sales will be NEVs by 2035

By 2035 half of Volkswagen’s sales in China will be new energy vehicles (NEVs), the automaker's CEO Herbert Diess told a conference in Boao, China, on Tuesday.

FutureCar Staff 2019-07-02 12:00 PT

Volkswagen Begins Taking Pre-orders in Europe for the ID Electric Hatchback

Volkswagen Begins Taking Pre-orders in Europe for the ID Electric Hatchback

German automaker Volkswagen AG is ready to take on Tesla in Europe with its first electric car. The automaker is now taking 1,000 euro deposits for its new fully-electric hatchback named the ID.3.

Eric Walz2019-05-08 13:00 PT

VW Reveals Fully-Electric Flagship SUV Concept for the China Market

VW Reveals Fully-Electric Flagship SUV Concept for the China Market

Volkswagen unveiled its new concept SUV called the ID ROOMZZ in Shanghai this week ahead of Auto Shanghai 2019, which opens to the public on Thursday. The fully-electric SUV will join VW’s ID brand and become a flagship model for Volkswagen in China when it goes on sale in 2021.

FutureCar Staff 2019-04-18 10:30 PT

Volkswagen CEO Says Software Will Be the Next Innovation in the Auto Industry

Volkswagen CEO Says Software Will Be the Next Innovation in the Auto Industry

In the future, software will become the heart of a vehicle, according to Volkswagen CEO Herbert Deiss. Speaking at Volkswagen’s annual press conference in Wolfsburg, the VW CEO said that “Software will account for 90 percent of future innovations in the car.”

Eric Walz2019-03-12 17:30 PT

Volkswagen Spins Jetta Model Into New Brand for China

Volkswagen Spins Jetta Model Into New Brand for China

The most affordable car in Volkswagen’s lineup will help the German brand draw younger customers in in China, acting as its own brand.

Vineeth Joel Patel2019-03-02 06:00 PT

Volkswagen & Ford Still at Odds Over Autonomous Driving Partnership

Volkswagen & Ford Still at Odds Over Autonomous Driving Partnership

German automaker Volkswagen AG and the Ford Motor Co are still hashing out details of an alliance first announced in June 2018 to work together on self driving cars and other related technology. The two automakers are at odds over how much the VW will invest in Ford’s autonomous driving unit as part of the deal.

FutureCar Staff 2019-02-13 19:00 PT

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