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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. In Europe, a maximum of ten percent biofuel is added (E10). Hybrid vehicles will also follow in the medium-term. and the ID.

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Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

Green Car Congress

(LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. Volkswagen has announced it will invest €30 billion to build 6 battery factories in Europe.

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BMW Group, Daimler, Ford, Audi & Porsche JV for up to 350 kW CCS ultra-fast charging network along major highways in Europe

Green Car Congress

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. The network is intended to serve all CCS equipped vehicles to facilitate the BEV adoption in Europe.

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Audi donating €1 million in emergency aid for refugees in Europe

Green Car Congress

million) in emergency aid available for refugees in Europe. The company is using the funds to support aid initiatives at its production sites in Ingolstadt, Neckarsulm, Brussels and Győr. We have been shocked by the great suffering of the refugees in Europe. Audi is providing €1 million (US$1.1

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Tesla Model Y exports to Europe start strong with 8,210 units in first month

Teslarati

Tesla China exported 8,210 Model Y vehicles to Europe in July, starting off the third quarter strong. This is an impressive number as it corresponded to the first batch of Model Ys sent to Europe from the company’s newly-christened “export hub.” The Teslarati team would appreciate hearing from you.

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EU should target 1M EV public chargers by 2024, 3M by 2029 say carmakers, environmentalists and consumer groups

Green Car Congress

Adopted in 2014, AFID ( Directive 2014/94/EU ) creates the framework for the development of an alternative fuels infrastructure in Europe, including electricity for electric vehicles as well as hydrogen for fuel cells and LNG for shipping.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

Previously, Leapmotor estimated that the first shipments of its EV would hit Europe by the second half of 2024. In February 2024, Stellantis CEO Carlos Tavares hinted that Leapmotor’s technology could help the company competitively price electric vehicles to compete with China-made EVs in Europe, North America, and other markets.

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