ID.3

German automaker Volkswagen (OTC:VWAGY) will slash the price of its ID.3 electric hatchback by €3,000. What Happened: Volkswagen will lower the price of the ID.3 under €40,000 or $42,000. "The ID.3 Pro, which has a 58 kWh battery and 150 kW output, will be available in Germany from...

While leading traditional automakers have their sights set on producing more than one million electric vehicles per year, they are still playing catch up to market leader Tesla Inc (NASDAQ: TSLA). One European country has a goal of having one million electric million vehicles produced by 2027...

Volkswagen Group (OTC: VWAGY) is offering customers of ID.3 in China a battery-rental program just a month after launching the compact electric car in the market, cnEVpost reported on Tuesday. What Happened: The report cited a buyer who bought an ID.3 without a battery at a much lower cost...

Volkswagen 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...

Volkswagen 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...

On 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...