Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang ...

Volkswagen had dominated sales of petrol cars in China, but failed to keep pace with the rapid shift to EVs in the biggest auto market. There, local rivals like BYD have seized the upper hand with ...

Indonesia’s largest taxi operator expects an upcoming BYD Co. plant will bring electric vehicle prices down as it seeks to expand its fleet. PT Blue Bird aims for electric vehicles to account ...

China’s electric vehicle manufacturer BYD has announced its intentions to release its new Blade battery design in 2025. The same was revealed by Cao Shuang, General Manager of BYD’s Automotive ...

As the CN EV Post portal writes, a BYD manager spoke to Chinese media company CGTN about the next generation of the Blade battery: “I think in the coming years, 2025, BYD will introduce the new ...

That would come back to bite us later in a serious way,’ Schaefer told Die Welt am Sonntag. ‘We need to reduce our capacities and adjust to the new realities.’ VW CEO Schaefer said most of the job ...

Credit: AR Pictures/Shutterstock. German carmaker Volkswagen CEO Thomas Schaefer said the automotive giant sees no alternative to layoffs and plant closures to achieve a cost reduction of €4bn ...

German carmaker Volkswagen CEO Thomas Schaefer said the automotive giant sees no alternative to layoffs and plant closures to achieve a cost reduction of €4bn ($4.16bn), reported Reuters.

VW CEO Larry Blume has also hinted at a sub-$22,000 EV to be released after 2025. All in all, the automaker says it’s planning to release eight new affordable EVs by 2027. The price of batteries ...

Grünitz noted that this new visual language will reflect Volkswagen CEO Thomas Schäfer’s goal of making the brand “loved” again. The updated design philosophy, combined with improved functionality, ...

Chinese car makers such as BYD have proved stiff competition for foreign players like VW by offering a wider selection of more affordable, better-equipped EVs. Last month, General Motors CEO Mary ...

Kjell Gruner succeeds Pablo Di Si as President and CEO of Volkswagen Group of America and CEO, Volkswagen Brand North America, effective December 12, 2024. Gerrit Spengler, CHRO of Volkswagen ...