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Rivian Getting Major Catalyst With Leasing? New Q4 Data, Leasing Growth For EVs Say Yes
Saturday, March 2, 2024 - 11:24am | 594Electric vehicle company Rivian Automotive (NASDAQ:RIVN) recently reported fourth-quarter financial results. The results included a look back at key 2023 production and delivery milestones as well as guidance that the company will produce 57,000 vehicles in 2024. Here's a look at how leasing could...
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Amid Telsa, BYD Competition, Volkswagen Slashes ID.4 Electric SUV Prices In China To $20K
Tuesday, September 5, 2023 - 5:12am | 554German automaker, Volkswagen AG (OTC:VWAGY), has significantly reduced the prices of its ID.4 electric SUV in China, now starting at $20,000, according to a recent report by Electrek. The price cut was announced by FAW-VW, Volkswagen’s joint venture in China. The...
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Rivian And Volkswagen ID.4 Owners: Your EVs Are Now Eligible For Federal Tax Credits
Thursday, April 20, 2023 - 5:47am | 606Rivian Automotive, Inc. (NASDAQ:RIVN) has scored a partial victory as the electric vehicle maker's R1T EV pickup truck and RIS SUV have now become eligible for availing half of the $7,500 EV tax credit. Volkswagen‘s (OTC:VWAGY) ID.4 models have now been made eligible for the complete tax...
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Volkswagen Recalls Over 17,000 ID.4 EVs In US, Canada: What's The Issue This Time?
Thursday, April 6, 2023 - 3:27am | 378Volkswagen AG (OTC:VWAGY) has issued a stop-sale notice to its dealers in the U.S. and Canada for some 2023 ID.4 electric vehicles, citing issues with their door handles. What Happened: Volkswagen issued a stop-sale notice dated April 3 to its dealers in America and Canada for a few ID.4 cars...
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Volkswagen Unveils 1st Electric Mid-Size Sedan To Take On Tesla In China, Europe Next Year
Tuesday, June 28, 2022 - 6:38am | 480Volkswagen Group (OTC: VWAGY) on Monday unveiled the first electric mid-size sedan it plans to start selling in China and Europe in the second half of next year. What Happened: The German automaker said ID. Aero is the sixth member of its electric vehicle portfolio...
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Volkswagen Posts 38% Sequential Drop In Q1 US EV Sales: Here's How That Compares With Ford, GM
Tuesday, April 5, 2022 - 1:51am | 425Volkswagen Group (OTC: VWAGY) said on Monday it sold 2,755 ID.4 electric crossovers in the first quarter of 2022, a decline of 38.3% on a sequential basis. What Happened: The German automaker had shipped 4,463 ID.4s to the U.S. in the fourth quarter of 2021. Volkswagen...
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Volkswagen Looks To Double US Market Share After Eking Out First Profit In Decades
Sunday, April 3, 2022 - 10:08pm | 507Volkswagen Group (OTC: VWAGY) said on Saturday that the German automaker’s next goal is to double its market share in the United States. What Happened: The company last month said it returned to profitability after several years in North America, including in the United States...
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Why Tesla Model Y Rival Volkswagen ID.4 Is The Only Used Electric Vehicle To Cost More Than New Ones In US
Sunday, March 27, 2022 - 9:40pm | 571Volkswagen Group’s (OTC: VWAGY) used ID.4 crossovers are currently the only electric vehicles in the U.S. that cost more than the new ones, data from app-based car insurance comparison firm Jerry showed. What Happened: Sticker prices of used ID.4 electric crossover, which competes with Tesla...
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Volkswagen Unveils $7.1B Plan To Boost EV Presence In North America And Take On Tesla
Monday, March 21, 2022 - 8:57pm | 564Volkswagen Group (OTC: VWAGY) has said it would spend $7.1 billion over the next five years on electric vehicle projects in North America, as the German automaker tries catching up with industry leader Tesla Inc (NASDAQ: TSLA) on its home turf. What Happened: ...
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Volkswagen Has A Giant Share Of China's Auto Market — But When It Comes To EVs, It Still Can't Match Up To Tesla
Wednesday, July 21, 2021 - 5:51am | 653Volkswagen AG (OTC: VWAGY) all-electric vehicle deliveries in China more than doubled to 18,285 vehicles in the first half of the year but fell massively short of ace rival Tesla Inc’s (NASDAQ: TSLA) nearly 145,181 deliveries so far this year. What Happened: Volkswagen said its first-half...
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Lucid Motors And Other Tesla EV Rivals Capitalize On Elon Musk 'SNL' Appearance With Commercials (Video)
Sunday, May 9, 2021 - 8:23am | 731The highly anticipated "Saturday Night Live" edition with Elon Musk as host featured comments about Dogecoin, SpaceX, Tesla Inc (NASDAQ: TSLA) and references to The Boring Company. People watching the show will be talking about the skits featuring Musk all week. Viewers may also be...
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'A Race With Tesla,' Says Volkswagen CEO As German Giant Makes Another EV Push
Monday, November 16, 2020 - 11:41pm | 454Volkswagen AG (OTC: VWAGY) CEO Herbert Diess said that the German automaker is making a move to shift away from gasoline guzzling vehicles to build more electric vehicles in order to better compete with Tesla Inc (NASDAQ: TSLA), Reuters reported Monday. What Happened: The company's...
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Volkswagen All-Electric ID.4 SUV To Sell For $40K In US
Wednesday, September 23, 2020 - 10:46pm | 393Volkswagen AG (OTC: VWAGY) held a “digital world premier” for its ID.4 electric SUV on Wednesday. What Happened: The electric SUV has a range of almost 320 miles and a top speed of nearly 100 miles per hour, Volkswagen said in a statement. The suggested retail price for the...
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Volkswagen Has A Very Ambitious Production Target For Its Electric Vehicle Line
Friday, September 18, 2020 - 3:55am | 456Volkswagen AG (OTC: VWAGY) is spelling out its electric vehicle offensive under which it plans to sell millions of vehicles in multiple world markets, including the United States and China. What Happened: Ralf Brandstätter, CEO of the company’s ID brand, and Thomas Ulbrich, a...
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Volkswagen Cuts Costs, Targets Electric Future
Tuesday, June 9, 2020 - 4:52pm | 400On Saturday, Volkswagen AG (OTC: VWAGY) announced it was considering further cost cuts in order to cope with the downturn. The following is a look at how the company plans to maneuver the recovery. Electric SUV Is A Novelty Volkswagen's ID.4 is basically the same car as the...