Volkswagen

Prominent Tesla Inc. (NASDAQ:TSLA) analyst Gary Black has aimed at “Tesla bears,” particularly long-term bear Drew Dickson, for what he calls a fundamental misapplication of traditional automotive price-to-earnings (P/E) ratios to Elon Musk‘s burgeoning electric vehicle business....

Four former Volkswagen AG (OTC:VWAGY) executives received prison sentences on Monday for orchestrating a decade-long emissions cheating scandal that cost the automaker over $30 billion in fines and accelerated the industry’s shift toward electric vehicles. What Happened: A German court in...

As Uber Technologies Inc. (NYSE:UBER) is slated to report its first-quarter earnings on Wednesday, experts forecast robust metrics while predicting that it could potentially win the “robo taxi war”. What Happened: The Chairman and Founder of Navellier & Associates, Louis Navellier,...

This week was packed with significant developments in the electric vehicle sector, featuring major players like Elon Musk, Tesla Inc. (NASDAQ:TSLA), and Rivian Automotive Inc. (NASDAQ:RIVN). From legal battles to strategic partnerships, the industry saw a flurry of activity that could shape the...

Volkswagen AG’s (OTC:VWAGY) PowerCo battery subsidiary is cutting production in what observers say is the latest sign that the 87-year-old car manufacturer is facing weak electric-vehicle sales. The decision comes just a few years after an emissions scandal cost the company billions of...

In a significant move, Chinese electric vehicle (EV) maker Xpeng Inc (NYSE:XPEV) and German auto giant Volkswagen AG (OTC:VWAGY) have announced a partnership to expedite the development of a new EV architecture. What Happened: As per a Reuters report on Sunday, Xpeng and Volkswagen have set up...

On Tuesday, U.S. stocks showed mixed results. The Dow Jones Industrial Average closed down by nearly 0.8%, finishing at 39,112.16. The S&P 500 rose by almost 0.4% to end the regular session at 5,469.30, while the Nasdaq climbed nearly 1.3% to close at 17,717.65. These are the top stocks that...

The electric vehicle (EV) market has been a hotbed of investor activity, with Tesla Inc (NASDAQ:TSLA) being a prime focus. However, a prominent fund manager has advised against investing in EV stocks and suggested alternative options. What Happened: Freddie Lait, the Chief Investment Officer at...

Cox Automotive anticipates a surge of over 70 electric vehicle models entering the American EV market within the next two years, setting the stage for an impending EV “stampede.” What Happened: In the current year, Cox projects the introduction of 37 EV models from various...

In a significant blow to several electric vehicle (EV) manufacturers, various models have lost their eligibility for up to $7,500 in U.S. tax credits. The updated battery sourcing norms have impacted car models from Tesla Inc (NASDAQ:TSLA), Nissan Motor Co Ltd (OTC:NSANY), and General Motors Co (...

In a pioneering step for the EV industry, mass production of the JAC Yiwei EV, the first electric vehicle in the world to be powered by a sodium-ion battery, has commenced in China. What Happened: According to a report from Car News China, the JAC Yiwei EV is backed by Anhui Jianghuai Automobile (...

Subsidiaries of German automaker Volkswagen AG (OTCPK: VWAGY) on Tuesday became the latest automakers to adopt EV giant Tesla Inc‘s (NASDAQ:TSLA) proprietary North American Charging Standard (NACS). What Happened: Electric vehicles of Volkswagen, Audi, Porsche and Scout Motors will...

Two automakers, Volkswagen (OTC:VWAGY) and Stellantis (OTC:STLA) have yet to join the growing list of automakers supporting Tesla’s North American Charging Standard (NACS), even as the majority of electric vehicle (EV) manufacturers pledge their allegiance. As per ...

Volkswagen AG (OTC:VWAGY) has enlisted the expertise of a former Tesla, Rivian, and Google executive, Sanjay Lal, in a bid to overcome software issues plaguing its electric vehicle (EV) sector. According to a report by Electrek, the German automaker’s Cariad software unit has been...

Tesla Inc CEO Elon Musk on Thursday reflected on the speed rivalry between Porsche‘s Taycan and its own Model S Plaid. What Happened: “It's a fun competition” Musk wrote on X, formerly Twitter. He was responding to a user who noted that a revamped Taycan was spotted testing at...