Search Results Found For: "volkswagen"

Volkswagen increases stake in battery specialist QuantumScape

Volkswagen is increasing its stake in QuantumScape, making an additional investment of up to $200 million in the US battery specialist. “We are making technological progress with our partner QuantumScape. The additional investment will effectively strengthen and accelerate our joint development work,” said VW Chairman Thomas Schmall. Volkswagen and QuantumScape have been collaborating in a… Read more »

Volkswagen begins selling ID. Charger in Europe

Volkswagen has started deliveries of its ID. Charger, a wall-mounted Level 2 home charger, in eight European countries. The ID. Charger can be used to charge any EV with a Type 2 connector.  It can be ordered online or from Volkswagen dealers, at an introductory price of €399. VW is teaming up with certified electrical… Read more »

Volkswagen invests €450 million in Northvolt battery operations at Salzgitter

Volkswagen recently announced that it will erect buildings and infrastructure for a new factory in Salzgitter, under its joint venture with Swedish battery producer Northvolt AB. Volkswagen will invest €450 million in the new Northvolt Zwei facility, which will produce lithium-ion battery cells. Construction is scheduled to commence before the end of this year, and… Read more »

Volkswagen Group forms joint venture to build fast charging stations for Chinese market

Volkswagen Group Components and startup Shanghai DU-POWER New Energy have formed a joint venture to produce “flexible quick charging stations” in China. The two companies will each own 50% of the JV, which will be located in the Suzhou Wuzhong Development Zone, near Shanghai. Series production is scheduled to start in the second half of… Read more »

Volkswagen explains why batteries, not fuel cells, are the right choice for passenger cars

The debate over hydrogen fuel cells refuses to go away. The founders of Tesla considered hydrogen and other energy storage media before deciding that batteries were the best choice for electric powertrains, and have explained their reasoning in great detail several times since. Toyota, on the other hand, continues to insist that fuel cell vehicles… Read more »

Volkswagen acquires 20% of Chinese battery maker Guoxuan

Volkswagen plans to acquire 20% of Chinese battery maker Guoxuan, Reuters reports, accelerating the German giant’s foray into China’s growing EV market. At current prices, the 20% stake would be worth about $560 million. Volkswagen is currently the top foreign automaker in China, and has set a goal of selling 1.5 million new energy vehicles… Read more »

Volkswagen motorsport goes electric

Volkswagen is by far the most charged of the legacy automakers. In November, the company announced that it would increase its planned investment in electrification. Now the German giant says it will revamp its motorsport programs to focus on electric mobility. From now on, the emphasis will be on fully electric racing cars, and ICE… Read more »

Volkswagen begins EV pre-production at Chinese plant

Volkswagen has begun pre-production in its plant in Anting, Shanghai, which will be singularly focused on manufacturing the automaker’s all-electric Modular Electric Drive Matrix (MEB) models for the Chinese market. The first vehicle produced will be the China-specific Volkswagen ID. model. Full-scale production at the Anting plant is scheduled for October 2020, at which point… Read more »