Nathan Eddy

Volvo and Polestar recently joined Tesla and VW in favoring rear-wheel drive over front-wheel drive for base EVs because it offers better performance and efficiency.

VW aims to become a global leader in EVs through profitable growth, not discounting, CEO Oliver Blume tolda German newspaper.

Automakers believe apps to improve functionality, safety and security could create highly lucrative new revenue streams, but a Cox Automotive survey found customers are reluctant to pay extra subscription fees.

Infineon expects to benefit from Diess's experience as a top executive at VW and BMW.

As chief marketing officer Nelly Kennedy will use her experience with Google to realign VW brand's marketing.

If Nio can survive in China, it has the chance to be competitive in other markets, the automaker's founder William Li said.

The Kaluga plant, which opened in 2009 and employs 4,200 people, halted production shortly after the war in Ukraine began.

Fast-rising electric vehicle demand in Europe is putting increased emphasis on the secondary market for the most valuable commodity in the vehicles: the battery packs.

Tesla is looking to tap into tax credits that will be offered to automakers who produce EV components, such as batteries, in the U.S., the Wall Street Journal reported.

Tesla aims to build 5,000 vehicles a week at its new European plant in Germany by the first quarter of next year.

The Chinese automaker plans to launch the Ora and Wey brands in Europe in the fourth quarter.

Eberspaecher, which  produces exhaust technology, air conditioning and heating systems for VW, BMW and Stellantis, was forced to shut down networks and servers when cyber criminals used ransomware to gain access to its IT systems.

Ford Europe has stopped taking orders for the models as deliveries stretch into 2023 because of supply problems.