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Audi increases upfront expenditure for electric mobility; €12B by 2024

Green Car Congress

—Alexander Seitz, Board of Management Member for Finance, China and Legal Affairs at Audi AG. “. By 2025, the Audi Group intends to have more than 30 electrified models in its product range, 20 of which will be fully electric. The cross-brand architectures will enable high Group synergies to be utilized in the future.

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Porsche IPO for VW Group’s EV push gains traction

Teslarati

On February 24, 2022, Porsche Automobil Holding SE (Porsche SE) and Volkswagen agreed to “further examine and generally support the feasibility” of a potential Porsche IPO. The possible IPO of Porsche AG would generate funds to help Volkswagen AG increase electric vehicle production and digitalization. . “We

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Volkswagen AG to launch 30 new cars globally in 2024 to battle slowdown hurdle

Baua Electric

The German automobile giant expects its passenger vehicle sales in this year to grow just three per cent, sharply down from 2023. Volkswagen’s finance chief Arno Anlitz has revealed that the OEM’s deliveries to customers rose 12 per cent to 92.4 lakh units in 2023. It recently launched the Volkswagen ID.7

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Is Your Dealership Ready for EV Buyers?

Blink Charging

In the automotive industry, the most obvious shift happening right now is from gasoline- and diesel-powered engines to fully electric motors. But, making the shift from selling primarily internal combustion engine (ICE) vehicles to electric vehicles (EVs) isn’t just a matter of replacing one set of inventory with the other.

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PSA Peugeot Citroën Showing FiSyPAC Fuel Cell Extended Range Electric Vehicle Demonstrator

Green Car Congress

FiSyPAC is a collaborative fuel cell reliability project, initiated in 2006, led by PSA Peugeot Citroën, and financed by the French National Research Agency (ANR). This fully electric vehicle, based on a Peugeot 307 coupe cabriolet, has a driving range of 500 kilometers (311 miles), with 75 km (47 miles) in charge depleting mode.

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BYD sold 68,018 battery-electric buses worldwide 

Electric Vehicles India

BYD and Levo announced their collaboration to integrate Nuvve’s leading vehicle-to-grid technology with a mix of BYD battery electric vehicles (“BEVs”) and plans for the joint deployment of up to 5,000 BEVs over the next five years. BYD was expanding its footprint in the US with a fully electric school bus capable of bidirectional charging.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. last month, but battery electric vehicle sales decreased by only 58.1%. Chinese car producer BYD even recorded a 337.25% increase in March sales amongst its fully electric and hybrid car models.

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