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Electric Vehicle Battery
Rivian and VW Finalize Electrical Architecture and Software JV; VW UPS Investment to $5.8B
Rivian and Volkswagen have finalized their joint venture, Rivian and Volkswagen Group Technologies. VW will invest up to $5.8 billion by 2027, 16% more than the…
Electric Vehicle Battery
Ecobat to Recycle EV Batteries for Volkswagen Group UK
Volkswagen Group United Kingdom Ltd. (VWG UK) has signed an agreement with Ecobat to collect and recycle electric vehicle (EV) batteries. Ecobat has a relations…
Electric Vehicle Battery
Volkswagen Group's First 100%-Owned Battery Factory in China Begins Production
Volkswagen (Anhui) Components Co., Ltd. (VWAC), Volkswagen Group’s first 100%-owned battery system plant in China, began production of its first high-volt…
Electric Vehicle Battery
Volkswagen Is Getting Closer to Cell-To-Pack (c2p) EV Batteries
Volkswagen Group China has begun producing battery systems at a new factory in Hefei, China for its MEB platform EVs in the country. The initial capacity of the…
Electric Vehicles
Gotion High-Tech and Inobat to Establish a 20 Gwh Battery Plant in Europe to Supply VW EVs
Weeks after battery developer Gotion-High Tech acquired a 25% stake in startup InoBat, the two companies have signed an agreement to erect a gigafactory in Euro…
Electric Vehicles
Volkswagen Group Investing $700M in Xpeng for 5% Stake, VW EV Development; Audi Jointly Developing EVs With SAIC
The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC.T…
Electric Vehicles
Volkswagen Group Volume Brand Sales Climb, Bev Deliveries up 50% In Q1 2023
For the first time ever, Volkswagen Group has shared detailed Q1 2023 financial results for its volume brand vehicles, including its namesake brand, Seat/Cupra,…
Electric Vehicles
Volkswagen and Powerco SE Will Build Largest Cell Factory to Date in Canada; 90 Gwh in Final Phase
The Volkswagen Group’s battery company PowerCo SE aims to build its largest gigafactory to date in St. Thomas, Ontario/Canada with an annual production ca…
Canada
Canada Lures Volkswagen’s New Battery Plant North by Matching Billions in Subsidies Offered by US
Canadian Prime Minister Justin Trudeau has announced a massive deal with German automaker Volkswagen Group to implement its first electric vehicle plant outside…
Electric Vehicles
Volkswagen Group Investing ~€1B in Vehicles and Components, Purchasing Center in Hefei; Shortening Development Time by 30%
The Volkswagen Group is investing around €1 billion in a new development, innovation, and procurement center for fully connected intelligent electric vehic…
Electric Vehicle Battery
Volkswagen’s Powerco and Umicore Obtain Full Regulatory Approval for EU Battery Materials Production
PowerCo, the new battery company of the Volkswagen Group, and Belgian circular technology group Umicore have obtained full regulatory approvals for their joint …
Electric Vehicle Battery
Volkswagen Group’s Powerco Breaks Ground on Second Cell Gigafactory
The Volkswagen Group’s PowerCo broke ground for construction of its second PowerCo cell factory. Gigafactory Valencia will start production of the unified…
Electric Car
Governor says volkswagen’s new plant to build scout EVs is coming to South Carolina
In a Tweet earlier this morning, South Carolina Governor Henry McMaster has confirmed that Volkswagen Group has chosen the Eastern state as home to its new prod…
Electric Car
SEAT to Invest €3B in Conversion of Martorell Plant for the Production of Small EVs
SEAT S.A. is leading the development of the Small BEV family for the Volkswagen Group and will start producing fully electric vehicles by 2025 for different bra…
Electric Car
Siemens and VW Take a Stake in Electrify America
On June 28, the Volkswagen Group and Siemens announced their support of the ambitious growth plans of Electrify America, LLC – the largest public ultra-fast ch…
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