The Geneva International Motor Show may have lost some of its former glamor – several major brands are not attending this year – but it remains a good place to get a feel for the state of the European auto industry. And the Europeans are talking electrification – the New York Times caught the electric… Read more »
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VW to build EV assembly plant in Tennessee
VW has been talking big lately about producing EVs in volume, but now we’re beginning to see some real action. The German giant has announced plans to add a second assembly plant in Chattanooga, Tennessee to build EVs for VW, and possibly other Volkswagen Group brands. The company plans to invest $800 million and create… Read more »
Volkswagen: We can produce 50 million EVs at “much lower” prices than Tesla
Volkswagen CEO Herbert Diess has been talking some smack about going electric, and giving the big T some competition. In an interview with Automotive News, he threw out a figure of 50 million electric cars, and said VW will be able to offer “much lower” prices than Tesla. According to AN, “VW has booked production… Read more »
Volkswagen builds electric drive production factory in Shanghai
Volkswagen Group China has begun construction on a SAIC Volkswagen factory specifically designed to mass-produce EVs in Shanghai. The factory will begin production in 2020 to deliver new SAIC Volkswagen EV models. The facility is designed to produce Modular Electric Drive Kit (MEB)-based vehicles and battery systems, and is expected to produce 300,000 vehicles per… Read more »
German automakers struggle to find a profitable road to electrification
It has gradually become apparent that Big Auto’s reluctance to embrace EVs is not due to mere Luddism or fear of the future. There are several reasons to believe that electrification will take a major bite out of industry profits, as Daimler execs acknowledged in March. Now Volkswagen has warned that its stated plan to… Read more »
Volkswagen coordinates EV platform strategy with suppliers
Volkswagen’s Board of Management recently held what it called an MEB Supplier Summit to discuss its new Modular Electric Drive Kit (MEB), a platform that will be used for the company’s next generation of EVs, with key suppliers. “To date, more than 100 suppliers have already been nominated within the framework of our electric offensive,”… Read more »
VW claims its upcoming EV will be $7,000 to $8,000 cheaper than Model 3
Volkswagen execs have been talking some smack about Tesla. “Anything Tesla can do, we can surpass,” CEO Herbert Diess said in May. VW is working on its first native EV (that is, the first one not adapted from an ICE vehicle), code-named the ID Concept, and it has released specs comparable to those of Tesla’s… Read more »
Volkswagen: Cost lines for EVs and diesels could cross by 2025
Ever-more stringent global emissions standards are driving up the cost of ICEs, narrowing the gap between them and electric drivetrains, according to a VW exec. “Emissions standards are getting tougher and tougher, and it is getting more and more expensive to meet those standards,” Dr. Matthias Erb, a Volkswagen Group of America Executive VP, told… Read more »
VW will show a new EV at the Paris Motor Show, to go on the market by 2019
In an interview with the German business mag Wirtschafts Woche (via Green Car Congress), Volkswagen Brand Manager Herbert Diess said that the company would present a near-production prototype of a new EV at the Paris Motor Show in September. The new model will have the external dimensions of a Golf and the internal space of… Read more »
VW teases long-distance electric Microbus concept for 2016 CES debut
What is Volkswagen’s vision for the electric future? Attendees at CES in January in Las Vegas will get to hear VW Chairman of the Board Herbert Diess’s thoughts on the subject. Diess will deliver a keynote address in which he plans to announce a new electric concept. Rumor has it that the concept will be… Read more »