Volkswagen

VW Group Expands In The Chinese EV Market with 5% Stake in XPeng

This strategic collaboration is part of the German automaker’s ambitious efforts to capitalize on the rapid growth of the Chinese e-mobility market. In an unexpected move to strengthen its foothold in China’s electric vehicle landscape, Volkswagen Group has made a significant investment of $700 million, acquiring a 5% stake in the promising EV startup, XPeng. …
Volkswagen

Volkswagen Begins Autonomous Driving Tests With Passengers

Volkswagen Commercial Vehicles is taking autonomous driving to the next level by embarking on its ground breaking tests with passengers on board. The streets of Munich are now home to a fleet of self-driving prototypes, based on the iconic Volkswagen ID.Buzz, shuttling decision-makers from politics, public authorities, and businesses, making their commutes smarter and more …