Volkswagen

Volkswagen Partners with CATL to Develop Lithium Batteries for Chinese EVs

Volkswagen Group’s China subsidiary and CATL, the world’s leading battery manufacturer, have announced plans to collaborate on developing lithium batteries for Volkswagen’s electric vehicles in China. According to a Volkswagen spokesperson, both parties have signed a statement of intent to design custom batteries with enhanced performance and cost efficiency tailored for specific models in the Chinese market. The partnership will also focus on innovations such as vehicle-to-grid technology, enabling EVs to supply power back to the grid, and advanced cooling

Volkswagen’s Labor Leader Raises Concerns Over Large-Scale Job Cuts

Amid a slump in sales, Germany’s most extensive carmaker plans to shut at least three factories in the country and lay off tens of thousands of staff, shrinking its remaining plants in Europe’s biggest economy as it plots a deeper-than-expected overhaul. On Monday, the company’s works council head said that management considers “at least one vehicle plant and two-component plants” in Germany dispensable, although it did not specify which locations. The powerful body, which represents workers and has half of