Volkswagen's EV Gambit in China Makes Sense

07:47am, Thursday, 27'th Jul 2023
Its partnership with startup Xpeng is a sign of things to come in the world's largest automobile market.
Volkswagen will concentrate on improving net cash flow in the second half as logistics bottlenecks ease, the German carmaker said on Thursday as it confirmed its 2023 financial outlook.
Brian Gu, co-president and honorary vice chairman at Xpeng Inc., discusses the company's plan to jointly develop electric vehicles with Volkswagen AG for sale the Chinese market. Volkswagen AG plans t
Volkswagen announced on Wednesday a duo of collaborations with Chinese companies to bolster the automaker's presence in the country, while developing two new EV models.
Shares of electric-vehicle makers got a broad boost Wednesday, bucking the weakness in the broader stock market, as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc.
XPENG (NYSE: XPEV), a leading electric vehicle manufacturer, and Volkswagen have announced a strategic partnership that aims to capitalize on each other's strengths. As part of this collaboration, Vol
Shares of Chinese electric vehicle (EV) manufacturer Xpeng (NYSE: XPEV ) went into overdrive on Wednesday as the company announced a strategic technical collaboration agreement with German automotive
The new EVs, which will be branded as VWs and sold only in China, are expected to launch in 2026.
The new EVs, which will be branded as VWs and sold only in China, are expected to launch in 2026.
Volkswagen said it remained intent on commissioning an independent audit of its Xinjiang plant in China and was convinced that doing so would provide valuable insight, after some investors and activis
Mercedes-Benz, Volkswagen, and Ferrari have a very strong dependence on Asian markets despite historic global appeal. Mercedes-Benz and Volkswagen have a deepening footprint in the U.S., primarily dri
Volkswagen said on Friday its Group deliveries increased 12.8% year-on-year from January to June, registering growth in every region except China, which saw a 1.2% drop.

Best Income Stocks to Buy for July 13

06:36am, Thursday, 13'th Jul 2023
ISNPY, JSAIY and VWAGY made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 13, 2023.
Volkswagen was challenged by an investor association on Tuesday about the planned audit of its co-owned site in Xinjiang, China, adding to concerns raised by human rights activists that the measure wo
General Motors Co on Monday cut the starting price for the Cadillac Lyriq in China by almost 14%, joining Volkswagen in a new round of electric vehicle price reductions in a market where global automa
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