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PPE-platform e-trons and Ingolstadt’s software reboot — Audi’s electric range, covered.

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Rivian

VW and Rivian Strike $5.8B Deal to Accelerate EV Software Development

Volkswagen and Rivian have announced a groundbreaking $5.8 billion joint venture focused on developing advanced electric vehicle technology and software platforms, according to a report from Deutsche Welle. Strategic Partnership Aims for 2027 Launch The collaboration, unveiled in Palo Alto, California, will leverage Rivian’s expertise in software and EV technology across VW’s brand portfolio. VW…

Rivian Surges Ahead, Defying EV Market Concerns
Rivian

VW Doubles Down on Rivian Partnership with $5.8B Software Joint Venture

Breaking New Ground in EV Tech Collaboration In a major strategic move that’s reshaping the EV landscape, Volkswagen and Rivian have announced an ambitious joint venture focused on developing advanced software and electronics for electric vehicles. The partnership, which significantly expands on their June agreement, involves a $5.8 billion investment from Volkswagen for a 50%…

Saudi EV Maker Ceer Partners with Rimac for High-Performance Electric Powertrains
Rimac

Saudi EV Maker Ceer Partners with Rimac for High-Performance Electric Powertrains

Saudi Arabia’s first electric vehicle manufacturer Ceer is taking a major step forward in its EV development through a new partnership with Rimac Technology to supply advanced Electric Drive Systems (EDS) for its upcoming flagship vehicles. Strategic Partnership Details The agreement, signed on October 17th at Rimac’s headquarters in Croatia, marks Rimac’s first venture into…

Audi Launches New EV Brand in China, Ditches Iconic Four-Ring Logo
Audi

Audi Launches New EV Brand in China, Ditches Iconic Four-Ring Logo

Audi has unveiled a new electric vehicle (EV) brand in China, targeting younger drivers with a fresh branding approach that omits the company’s signature four-ring logo. The new brand, simply named AUDI, marks a strategic partnership with Chinese automaker SAIC. Together, they aim to reclaim market share in the world’s largest auto market by delivering…

Tesla's Bold Proposition: Pushing for Greener Standards - Earnings Soar, Margins Dive in Tesla's Q2 Rollercoaster - Tesla Connector Supercharges Electrify America
California

Tesla Backs California’s Low-Carbon Fuel Policy Despite Trump’s Opposition

In a surprising move highlighting the complex interplay between business and politics, Tesla has joined forces with other major EV manufacturers to support California’s low-carbon fuel standard, according to Politico. Auto Industry Shows United Front Tesla, along with Hyundai, GM, Audi, and Rivian, sent a joint letter to California lawmakers on October 24, strongly endorsing…

Tesla Expert Sanjay Lal Joins Volkswagen’s EV Software Drive, Volkswagen Races Ahead in EV Charger Installation
Volkswagen

Volkswagen Group Sees Mixed Results in Q3 2024 EV Deliveries

Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries Down, But Order Intake Surges The automaker delivered 506,500 battery electric vehicles (BEVs) worldwide in…

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend
Mercedes-Benz

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend

Mercedes-Benz is facing a tough road with its electric vehicle lineup, according to recently reported Q3 sales figures. The luxury automaker saw EV sales plummet 42% compared to the same quarter last year, even as overall sales climbed. EV Sales Nosedive The numbers don’t lie – Mercedes’ trio of EVs took a beating: All told,…

Tesla

Chinese EVs Raise Privacy Concerns: Potential Eavesdropping Capability Exposed

A recent report from the New York Post has uncovered alarming claims about privacy issues in Chinese-made electric vehicles, specifically those manufactured by BYD. Owners have reported that these EVs might have a hidden feature allowing external parties to listen in on conversations inside the car. The Alleged Backdoor An Australian BYD owner discovered that…

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