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Volkswagen

Every EVXL story tagged “Volkswagen” — newest first.

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China's BYD has overtaken Tesla as the world's best-selling maker of electric cars. In the final quarter of last year, BYD, backed by Warren Buffett, sold 526,409 fully electric vehicles, outpacing Tesla's 484,507.
BYD

BYD’s EV Empire Expands: Workforce Tops 900,000

China’s electric vehicle giant BYD is on a hiring spree, pushing its workforce past the 900,000 mark. This massive expansion, reported by Reuters, underscores the company’s ambitious growth plans and the booming EV market in China. Workforce Explosion BYD’s hiring frenzy is nothing short of staggering. As of September 13, 2024, their total headcount hit…

Kia's Electric Van Revolution: PV5 Set to Shake Up the Market
Kia

Kia’s Electric Van Revolution: PV5 Set to Shake Up the Market

Kia’s gearing up to make a splash in the electric van world with its upcoming PV5. This mid-size hauler, part of Kia’s new Platform Beyond Vehicle (PBV) lineup, is set to hit production in South Korea next year. Let’s dive into what we know so far, according to a report from Carscoops. Futuristic Looks, Practical…

Power Surge: Kia and Hyundai Embrace Tesla Tech
GM

G.M. and Hyundai Team Up to Push Electric Vehicle Innovation

General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…

Chinese EV Makers Brace for EU Tariffs Amid Tense Bilateral Relations
Jeep

Chinese EV Exports Surge, Sparking Global Tension

Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…

Xpeng Ignites Share Surge with Affordable EV
Cybertruck

EU Eases Tariffs on Chinese-Made EVs After Consultations

The European Union is set to lower its proposed tariffs on electric vehicles (EVs) imported from China, following consultations with affected companies. This development comes as part of an ongoing trade dispute between the EU and China over EV subsidies and market competition, reports the SCMP. Key Points Background The European Commission launched an investigation…

Rivian Spins Out $1B E-Bike and AI Startups to Fund Tech with VC Cash
Rivian

Volkswagen’s $5bn Deal with Rivian Sparks Dismay Among Cariad Staff

Volkswagen’s recent $5 billion partnership with US electric vehicle start-up Rivian has caused quite a stir among the staff at Cariad, VW’s software division. The deal, aimed at developing software for both companies’ cars, comes after a series of setbacks and budget overruns at Cariad that delayed the rollout of new VW, Audi, and Porsche…

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