Volkswagen AG

Ford is spending a lot of money on EVs, Tesla has ignited an EV price war in China, and Volkswagen. All that and more in this edition of The Morning Shift for March 23, 2023.1st Gear: FordI wrote about this a bit yesterday, before we knew…

In 2017, automakers were scrambling to develop cars that could drive themselves.Ford Motor bet a billion dollars on a startup called Argo AI to catch up to flashy tech companies like Google, Uber and Tesla. Volkswagen, the second-largest…

Electric vehicle and battery makers aren’t the only ones having a tough time navigating the Inflation Reduction Act’s rules to secure subsidies, new car sales are recovering in Europe and Tesla figured out the secret to selling EVs in China…

Rivian’s chief engineer has gone back to building British supercars, GM’s CEO is making a case for robotaxis in Washington,and things are getting desperate for Volkswagen in China. All that and more in this edition of The Morning Shift for…

The all-electric Porsche Taycan Turbo.Source: Porsche AGLuxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings on Monday on the back of higher deliveries.The…

People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17, 2022.Mike Blake | ReutersVolkswagen on Tuesday announced plans to invest 180 billion euros ($192.6…