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IONITY partners with Shell, OMV, Tank & Rast and Circle K on sites for high-power charging network; 18 countries, >200 sites

Green Car Congress

IONITY , the joint venture of BMW, Daimler, Ford and Volkswagen with Audi and Porsche that is developing and implementing a High-Power Charging (HPC) network for EVs across Europe ( earlier post ), has formed initial strategic partnerships for the realization of its HPC network.

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Volkswagen Group to cut overall spending by ~€1B next year, but to boost investments in electric drive tech by €100M

Green Car Congress

We are not going to make the mistake of economizing on our future. Examples include product start-ups such as the next-generation Golf, the Audi Q5, the new Crafter plant in Poland, as well as upfront expenditures for the modular electric toolkit (MEB). We will strictly prioritize all planned investments and expenditures.

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Volkswagen Group to invest $106 billion over next 5 years in Automotive Division

Green Car Congress

These include spending to expand capacity, a new Crafter plant in Poland and the new Audi plant in Mexico. We will continue to invest in the future to become the leading automotive group in both ecological and economic terms – with the best and most sustainable products. billion (US$29 billion) over the next five years.

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