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Category volkswagen

BYD plans to tap into Spain as a key hub, debuting low-priced EVs

BYD plans to tap into Spain as a key hub, debuting low-priced EVs

BYD plans to start local European production within three years, tapping into Spain as a key hub.
Porsche drops 7.5% after slashing EV rollout and cutting guidance

Porsche drops 7.5% after slashing EV rollout and cutting guidance

Porsche shares dropped 7.5% by late morning on Monday after the company confirmed it was delaying new electric vehicle models and cutting its futur...
Volkswagen expects a $5.9 billion hit to its operating profit in 2025

Volkswagen expects a $5.9 billion hit to its operating profit in 2025

Porsche, a German automaker, has postponed its electric vehicle launch, shifting its focus to combustion and hybrid models.
Volkswagen plans to invest up to €1 billion (approximately $1.2 billion) in artificial intelligence by 2030

Volkswagen plans to invest up to €1 billion (approximately $1.2 billion) in artificial intelligence by 2030

Volkswagen Group, the German automotive giant, has announced that it plans to invest up to €1 billion ($1.2 billion) in artificial intelligence (AI...
European carmakers celebrate EV gains but push back on engine Ban

European carmakers celebrate EV gains but push back on engine Ban

Europe’s top carmakers are pushing back against the EU’s 2035 engine ban at the Munich auto show.