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Volkswagen is expanding its green strategy by making investments in EIT InnoEnergy, an EU-backed fund to jointly back technology companies in the field of energy transformation. The automaker said on
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Volkswagen is boosting its stake in U.S. company QuantumScape by up to $200 million to increase the development of solid-state battery technology that aims to increase the range of electric
Germany’s MAN SE prepares to cut 1,400 jobs at its diesel-engine operations, aiming to increase savings by over 450 million euros ($506 million). The restructuring plan consists of streamlining internal
Volkswagen has concurred an engine innovation and buying alliance with truckmaker Navistar, and will purchase a 16.6 percent stake in the United States firm for $256 million, as worldwide truck
Volkswagen AG CEO Matthias Müller prepares to reveal a sweeping restructuring Thursday, the broadest overhaul of the automaker in years and part of the company’s effort to get rid of
Will Volkswagen offer Tesla a run for its cash with a planned EUR10 billion ($15.5 billion) battery factory that will reinforce its position in the electric vehicle market? The automaker
The Volkswagen Group is on the brink of speeding up its green automobile offensive. The Wolfsburg-based giant has revealed that its brands will offer around one million electrical and electrified
Volkswagen is the newest automaker giant to join ride-hailing. The company stated on Tuesday that it has actually invested $300 million in Israeli start-up Gett, a service similar to Uber,
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