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VW Wants To Be The EV Market Leader In 2025

This announcement comes shortly after VW confirmed during its ‘Power Day’ event that it will build at least six gigafactories across Europe to secure its supply of electric vehicle batteries moving into the EV future. It is hoped that these six facilities will churn out 240 GWh of batteries per year, equal to the batteries of over 5 million ID.3s in the lowest-range configuration. The first two gigafactories will be located in Salzgitter, Germany, and Skellefteå, Sweden. The Swedish factory will handle production of lower-volume, higher-price batteries to be used by the company’s premium brands, whereas the German site will produce a newly-designed cell set to power 80 percent of all EVs from the Volkswagen Group by 2030.

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VW Power Day Praised By Wall Street/Media, Tesla Battery Day Was A Flop

VW Power Day Praised By Wall Street/Media, Tesla Battery Day Was A Flop ++ VW has announced its plans to overtake Tesla, and the media and financial markets are in love. In case you haven t been following, Volkswagen just had an event called Power Day. It sort of mirrored Tesla s Battery Day that happened later last year. We ve written and published several articles about VW Power Day, which you should definitely check out. With that said, this article isn t going to rehash the details provided by VW during its presentation. We also aren t here to tell you all over again what Elon Musk and company said at Battery Day back in September 2020. Instead, we re just shedding some light on exactly how the media and financial markets tend to react to such events if it s a legacy automaker, versus if it s Tesla.

Elon muskVw groupPower dayBattery dayWall streetHerbert diessவ்வ் குழுபவர் நாள்மின்கலம் நாள்சுவர் தெரு

VW Stock Revs Higher, Sparked By CEO s Boast to Grab Pole Position from Tesla in EV Market

VW Stock Revs Higher, Sparked By CEO s Boast to Grab Pole Position from Tesla in EV Market
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If Tesla is the Apple of electric vehicles, VW could be the Samsung

If Tesla is the Apple of electric vehicles, VW could be the Samsung Tesla s drivetrains are four or five years ahead, analysts say Bloomberg Print Like Apple, Tesla has built a dominant brand with its own ecosystem that includes its own battery chemistry, electric motors and driver-assistance system. The Tesla Model 3 is shown. Volkswagen Group laid out big plans on Monday to pass Tesla and becoming the world s largest maker of electric vehicles. Let me begin with the obvious: e-mobility has won the race, VW Group CEO Herbert Diess said at the company s Power Day event. It is the only solution to reduce mobility emissions fast.

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Iberdrola/Seat/VW form Spain electrification alliance

Seat, Iberdrola and the Volkswagen Group have signed an alliance to promote electrification in Spain. The main objectives of the collaboration, which was signed within the framework of the Power Day organised by the Volkswagen Group, are to supply renewable energy in the electric vehicle value chain, as well as develop and create a public charging infrastructure network. The plan calls for the supply of renewable energy for the Group s facilities in the Iberian Peninsula. The alliance, which can be extended to other countries, also calls for the supply of energy with guarantees of renewable origin and other energy solutions to the Volkswagen Group itself, Seat and its end customers.

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