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
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
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
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
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
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 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
Volkswagen is already working on introducing a new EV crossover aimed at the American market
Manish Kharinta2019-09-20 07:00 PT
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 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 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
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’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
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
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
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
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
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
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
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
Eric WalzMar 26, 2020 10:30 AM PT
Eric WalzMar 25, 2020 1:05 PM PT
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FutureCar Staff Mar 24, 2020 10:00 AM PT