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Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Volkswagen and Rivian are joining forces as part of a $5.8 billion dollar deal, one that will see the two companies co-develop architectures and software for future electric vehicles.Now, one VW ...
Volkswagen’s rebrand Volkswagen agreed in December to a €10 billion ($11 billion) cost-cutting plan to help turn the tide. The plan involves hacking staffing costs by up to a fifth.
Nearly five years on, the Volkswagen Group, including Audi and Porsche, is still miles behind Elon Musk’s Tesla , selling fewer than half its US rival’s 1.31 million electric vehicles (EVs ...
Volkswagen ID. concept cars. The Volkswagen ID. series is a family of battery electric cars from Volkswagen (VW) using its MEB platform that is developed by the Volkswagen Group for a range of vehicles. Deliveries began in late 2020. By November 2022, half a million vehicles had been delivered. [1]
The ID.4 was previewed by the I.D. Crozz and I.D. Crozz II concept cars, which debuted in 2017 at the Shanghai and Frankfurt Auto Show, respectively. [16] A prototype version of the ID.4 appeared in camouflage at the 2019 Frankfurt Motor Show discreetly so as not to steal the show from the first electric mass-market vehicle of the German brand, the ID.3.
The Volkswagen ID.6 is a battery electric mid-size crossover SUV with three-row seating produced by Volkswagen in China from 2021. [1] It is based on the MEB platform , and part of the ID. series electric vehicle line-up.
By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15%.
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