Fierce competition Volkswagen, now the second largest producer in the world after Toyota, is facing a constantly evolving market and increasingly fierce competition. Carmakers are competing to develop electric vehicles and meet Europe’s increasingly stringent CO2 emissions targets, under penalty of heavy penalties. Ford has announced that it will only produce electric cars by 2030… Continue reading Volkswagen doubles its electric sales target: 70% by 2030
Tag: Mobility
German Manager Magazin: Volkswagen: New strategy for 70 percent electric cars by 2030000627
The expansion of the purer fleet Electric vehicles should at Volkswagen move faster under the pressure of tougher climate targets. In 2030, 70 percent of all vehicles of the core brand VW sold in Europe should be electrically powered, said core brand boss Ralf Brandstätter (52) on Friday. This means a doubling of the previously… Continue reading German Manager Magazin: Volkswagen: New strategy for 70 percent electric cars by 2030000627
German Manager Magazin: Daimler: Main plant in Stuttgart-Untertürkheim becomes Elektrocampus, dispute settled000627
The dispute over the future direction of the DaimlerMain plant in Stuttgart-Untertürkheim is enclosed. For more than 400 million euros, the site is to become a campus for Electromobility be rebuilt. In the plant, electric motors, batteries and complete drive systems are to be developed and built on a much larger scale than previously planned,… Continue reading German Manager Magazin: Daimler: Main plant in Stuttgart-Untertürkheim becomes Elektrocampus, dispute settled000627
@Groupe PSA: PR Stellantis announces conditional distribution of Faurecia shares and cash001321
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today a conditional distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”) and up to €308 million in cash, being the proceeds received by Peugeot S.A. from the sale of ordinary… Continue reading @Groupe PSA: PR Stellantis announces conditional distribution of Faurecia shares and cash001321
Tencent-backed Aiways breaks into Europe and China EV market
SHANGHAI — Chinese electric vehicle startup Aiways is expanding its sales footprint in Europe, where more electric cars were sold last year than in China. Aiways has pursued this strategy since it was founded in 2017, as it looks to grow outside China’s fiercely competitive domestic market. The Shanghai-based pure-play EV manufacturer sealed deals with… Continue reading Tencent-backed Aiways breaks into Europe and China EV market
New Volkswagen Trinity project is radical EV flagship for 2026
Volkswagen‘s new Project Trinity will arrive in 2026 as a cutting-edge EV, offering autonomous driving and introducing a ‘radical’ new business model, with most functions offered as downloadable services. The forthcoming flagship model has been described previously as a “highly efficient flat-seat concept with an iconic design,” and a teaser image shown as part of a… Continue reading New Volkswagen Trinity project is radical EV flagship for 2026
Volkswagen to launch entry-level ID electric car after 2025
Volkswagen CEO Ralf Brandstätter says the firm is fully committed to producing a small electric ‘people’s car’, with a target starting price of around £17,000, as part of its fast-growing ID range. The German firm is currently rolling out a number of electric-only models on the Volkswagen Group’s MEB platform, starting with the ID 3 hatch and… Continue reading Volkswagen to launch entry-level ID electric car after 2025
Volkswagen to launch at least one new EV per year
Volkswagen will further accelerate its electrification plans, with boss Ralf Brandstätter pledging that more than 70% of its cars sold in Europe will be fully electric by 2030 – double VW’s previous target. The firm had previously pledged that 35% of the Volkswagen brand’s European sales would be fully electric vehicles by the end of… Continue reading Volkswagen to launch at least one new EV per year
@Geely: LEVC expands dealer network coverage in Central Germany
LEVC (London Electric Vehicle Company) has further increased its presence in Germany, partnering with Hetzler Automobile Vertriebs GmbH to offer sales and after sales support from the city of Kassel, covering the Hesse region. The addition of Hetzler Automobile Vertriebs GmbH – part of the Hetzler Gruppe – will provide customers in the region full… Continue reading @Geely: LEVC expands dealer network coverage in Central Germany
German Handelsblatt: Mercedes-Benz: Daimler converts main plant to electric drives – and relocates production for combustion engines001461
Electric car production in Untertürkheim Daimler wants to transform its main plant with 18,500 employees into an electrical campus as quickly as possible. (Photo: Daimler AG) Sindelfingen 136 years ago, Gottlieb Daimler and the engineer Wilhelm Maybach developed the so-called “grandfather clock” in a garden house in Bad Cannstatt. A global corporation emerged from this… Continue reading German Handelsblatt: Mercedes-Benz: Daimler converts main plant to electric drives – and relocates production for combustion engines001461