Monday, 7 July 2025

Focus on Volkswagen Group

FILE PHOTO: Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London, Britain, December 5, 2023. REUTERS/Nick Carey/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

GM co-leads $39 million funding for EV battery materials startup Addionics

Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.

A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

U.S. new light vehicle sales to rise about 1% in July: report

The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...

FILE PHOTO: A Porsche logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019.  REUTERS/Pierre Albouy/File photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Porsche bids to restore output, tackle supply chain risks in second half

Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China

FILE PHOTO: A Volkswagen ID. Buzz and a Volkswagen Beetle are seen during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

Volkswagen is reeling in China. Can EVs help it grow in the US?

The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%. 

FILE PHOTO: Porsche's electric vehicle Macan Turbo is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Porsche waters down EV ambitions, says transition will take ‘years’

Porsche delays electric car target, tying 80% EV sales goal by 2030 to customer demand and electromobility developments, citing slower-than-expected transition.

News Release

onsemi Selected to Power Volkswagen Group’s Next-Generation Electric Vehicles

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (Nasdaq: ON) announced today it has signed a multi-year deal with Volkswagen Group to be the primary supplier of a...

FILE PHOTO: Samples of rocks drilled at a cobalt mining site operated by Jervois Global are seen at a facility, west of Salmon, Idaho, U.S. May 16, 2024. REUTERS/Carlos Barria/File Photo
AnalysisCritical MineralsIn-DepthMineralsMiningPoliticsRegulationsTrade

Western miners push for higher metals prices to ward off Chinese rivals

There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals

The Xpeng G6 vehicle is displayed during the company's debut ceremony in Hong Kong, China May 17, 2024. REUTERS/Lam Yik/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Xpeng, Volkswagen set up project house to roll out new EV architecture

Chinese EV maker Xpeng has established partnership with German automaker VW to accelerate development of new EV architecture

FILE PHOTO: Technicians work at the production line for electric car models of the Volkswagen Group in Zwickau, Germany, April 26, 2022. REUTERS/Matthias Rietschel/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNews

EU new car sales rise 4.3% in June, industry body ACEA says

New car sales in the EU rose 4.3% in June, led by Italy, Germany, and Spain, despite a slight drop in battery electric...

AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)MineralsNewsPoliticsTradeTransport

Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says

Serbia will give Mercedes-Benz, VW and Stellantis the opportunity to purchase lithium for car batteries as they prioritise EU carmakers

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