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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.
The EV-only Terra and Traveler will get an estimated 350 miles of range, but the Harvester models will get more than 500 miles. Exterior of the Scout Motors Traveler SUV. (Scout) (Scout Motors)
VW had long been China’s best-selling automotive brand, but last year it was overtaken by Chinese rival BYD, which sells both EVs and plug-in hybrids but no longer produces traditional cars.
The $2 billion plant will create an estimated 4000 jobs and will be able to produce 200,000 EVs a year. Currently, VW builds the ID.4 in Chattanooga and has plans to increase EV production there ...
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]
Volkswagen is committed to China despite a "ruinous" domestic EV price war, its brand chief says. Thomas Schäfer says VW wants to remain the biggest international automaker in the country.
The Volkswagen ID.2all is an electric concept car that was first shown publicly on March 15, 2023. It previews a production version to be launched on the European market in 2025. [3] [4] A sport version of the ID.2all was introduced as the Volkswagen ID.GTI in September 2023. [5]
The Volkswagen Group Scalable Systems Platform (SSP) is a modular car platform for electric cars being developed by the Volkswagen Group. [ 1 ] [ 2 ] SSP was announced in July 2021, as part of Volkswagen's "New Auto" strategy, to have a "single battery electric vehicle (BEV) platform across all the group's brands".
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