The three gigafactories in Europe and North America will have a total volume of up to 200 GWh. Eckle pointed out that producing battery cells is a completely new business for Volkswagen.

Volkswagen is gearing up to launch its new entry-level EV, the ID.1. The new electric car will be its cheapest so far, starting at under $22,000 (20,000 euros). It will also kick off a new ...

But Volkswagen ended the year with a slight increase in sales revenue to $353.6 billion (324.7 billion euros), up from $351.0 billion (E322.3 billion) in 2023 because of a boost from the Financial ...

In November, Volkswagen and Rivian officially launched a new EV software alliance, “Rivian and VW Group Technology.” The German auto giant plans to invest up to $5.8 billion into Rivian and ...

Volkswagen and Rivian are teaming up on an ultra-cheap EV, and once again, Americans can only stare across the Atlantic in envy. After several months of teasing, Volkswagen unveiled the ID.EVERY1 ...

Rivian Automotive (RIVN) stock is one of the best performers Wednesday, up nearly 30% Wednesday after the electric vehicle (EV) maker announced a major partnership with Volkswagen Group.