Oliver Blume

Apple CEO Tim Cook sneakily promoted Vision Pro as Porsche’s two new Taycan models, namely the Porsche Taycan Turbo GT and the Porsche Taycan Turbo GT with Weissach package, set new lap records, breaking those of Tesla. What Happened: Porsche has established a new benchmark in the EV racing...

Automotive giant Volkswagen AG (OTC: VWAGY) commenced operations at its first fully owned battery pack production facility in China. Located in Hefei, the capital of eastern China's Anhui province, the development was recently announced by the local Hefei government....

In the world of electric vehicles (EVs), a reasonably priced option may soon be on its way. Volkswagen’s (OTC:VWAGY) CEO, Oliver Blume, has expressed optimism for a 20,000 Euro ($21,714) EV by the second half of the decade, despite plans for such a vehicle not yet being finalized. What...

Volkswagen (OTC:VWAGY) CEO, Oliver Blume, has brushed off concerns over the rising threat from Chinese electric vehicle (EV) makers, claiming European manufacturers hold an edge over their Chinese counterparts, as reported by Electrek Blume stated that Chinese manufacturers offer their...

German automaker Volkswagen AG (OTCPK: VWAGY) is planning to invest 180 billion euros — about $193 billion — between 2023 and 2027. What Happened: Volkwagen said in a statement on Tuesday that the group is planning to invest 180 billion euros till 2027, with over two-thirds of the budget set for...

German sports car manufacturer Porsche Automobil Holding SE (OTC: POAHY) hinted at discussing a potential partnership with Apple Inc (NASDAQ: AAPL). What Happened: Porsche executives had discussions with Apple and a few other tech companies in the U.S. late last year, the automaker's...