ID.3 Spearheads Volkswagen’s Electric Revolution With Tesla Firmly In Its Sights. “On the highway though battery capacity quickly drained away, supplying an average of 63.3% of the offered availability. Long-range travel on fast highways will be a problem” The ID.3 hatchback launched Volkswagen’s multi-billion euro gamble to challenge Tesla’s electric car dominance and despite initial […]
VW Shares Take On Tesla-like Quality. “If VW can follow its ambitious roadmap for e-mobility and leverage the scale economies it is targeting, it will certainly be a credible rival for current market leader Tesla” Volkswagen shareholders were almost Tesla-like as in mid-March they rushed to embrace its ambitious plans and drove the stock price […]
Volkswagen Returns To Profit But Slips Behind Rivals. “The results were solid, but beats delivered by the competition were even bigger” For any auto manufacturer to report any profit at all in this coronavirus inflicted world has to be impressive, but Volkswagen disappointed investors with its latest financial report which analysts said showed it was […]
VW Loses Almost $1 Billion In The First Half, But Expects Black 2020 “China gives hope and may show the way out of the coronavirus” Volkswagen, the world’s biggest selling automaker, said on Thursday it lost approaching $1 billion in the coronavirus-stricken first half of a 2020, but expects to remain in the black for […]
