Be The Change
The Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany. The Volkswagen Group is the largest car maker by worldwide sales.
Ford invested US$1 billion in autonomous driving startup Argo AI in 2017, and Volkswagen later joined with a $2.6 billion investment. It was an attempt to match the hype surrounding rivals such as Apple, Google, General Motors, Lyft, Uber, and Tesla. At its height, Argo AI was reportedly valued at $12.4 billion. But in October 2022 Argo AI shut down.
Meanwhile, GM is looking to expand its autonomous-driving business, which it believes is key to the future of the auto maker. (Barrons)
The 2023 Ford Explorer (for Europe)
Publicly, Ford has stated they don’t plan to offer this Ford Explorer EV midsize electric crossover in Canada or the U.S. Pity. It is one of two Ford brands expected for Europe that leverages the Volkswagen Group’s fully electric MEB platform at Ford’s factory in Cologne, Germany.
Here are the reviewers first impression of Ford Explorer »
Fully Charged Show »
More video reviews below ⤵️
Elsewhere » Volkswagen’s Scout unit wins $1.3 bln in incentives for South Carolina factory (Reuters)
An entry-level EV, similar in size to the Audi A3, will be launched in the middle of the decade as the German car maker ramps up its electrification shift.
The A-segment model, confirmed to Autocar by Audi CTO Oliver Hoffman, is part of a plan to get an electric car in each “core” segment by 2027
It is expected to use the Volkswagen Group’s new skateboard-style SSP (Scalable Systems Platform) electric architecture – the same structure that is set to make its debut on the upcoming Volkswagen ID 4 saloon currently being developed under the internal working title Project Trinity – offering a maximum range of more than 400 miles.
More at Autocar and Autocar / Reuters
Volkswagen ID. 2all Concept
Volkswagen claims it still working to bring an ‘affordable’ people’s electric car – costing around EUR25,000 (CDN$36,500 / US$26,790.00 / £23,000) in today’s prices – to market by 2025. (Reuters)
More » Bloomberg / Autocar / Just Auto / Electrifying (video) /
VW investing » Bloomberg / Reuters /
Meanwhile, luxury-brand Porsche, part of the VW Group, has been working hard in the shadows to be exempt from to burning fossil fuel regulations. (Financial Times)
Meanwhile, Oliver Blume defends being Porsche and VW CEO (Automotive News)
VW Brand
Volkswagen‘s subsidiary PowerCo will build its first overseas “gigafactory” for battery cell manufacturing in St. Thomas, Ontario. Production is planned to start in 2027.
The decision to expand the PowerCo cell production into Canada is further proof of the ambitious growth strategy of the Volkswagen Group in North America.
VW last week announced they were had selected South Carolina for the new Scout Motors assembly plant.
Volkswagen plans to develop 25 new battery-powered electric vehicles by the end of the decade. It also intends to increase production at its Chattanooga, Tenn., plant and upgrade its facilities in Puebla and Silao, Mexico, to produce electric vehicles and components at those sites.
“Today’s announcement by Volkswagen is a true testament to our highly skilled workforce and Canada’s strong and growing battery ecosystem,” Francois Phillippe Champagne, Canada’s minister of innovation, said in a statement.
More » VW Media Release / Canadian Press / TechCrunch / Automotive Logistics / Electrek / The Verge / InsideEVs / Investment Monitor / CleanTechnica / The Narwhal / Autoblog
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