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BMW
BMW chief warns EU combustion engines ban is stoking price war with Chinese rivals
...One company that has been hit by the rise of Chinese rivals is Volkswagen, whose flagship VW brand was this year dethroned as China’s best-selling car by BYD....
September 4, 2023
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
March 5, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Electric vehicles
VW cuts price of EV and combustion engine cars to boost deliveries to China
...VW recorded a significant decline of almost a quarter in EV deliveries in Europe, including its home market of Germany where subsidies offered to consumers to buy electric were cut at the end of 2023....
April 10, 2024
News
Volkswagen aims to meet EU emissions rules without Chinese help
...Volkswagen plans to meet European emissions standards this year without relying on electric car sales by other companies, the first time the world’s largest carmaker has complied with carbon rules in its home...
December 14, 2022
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...The UAW has tried and failed before, losing elections such as at VW-Chattanooga in 2014 and 2019, and at Nissan in Mississippi in 2017....
April 4, 2024
Inside BusinessPatricia Nilsson
The German business dilemma in China
...But Markor had not tried to hide that its employees were carrying out state-sanctioned home visits to Uyghur families....
February 16, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Volkswagen AG
Volkswagen to discuss future of Xinjiang operations with Chinese JV partner
...Last week, German chemical maker BASF announced it would sell stakes in its two Xinjiang joint ventures following reports that employees at its local JV partner had participated in state-sanctioned home...
February 14, 2024
BASF SE
BASF to sell holdings in two Xinjiang chemical plants
...VW declined to comment. BASF’s decision could risk harming its business in China — the world’s biggest market for chemicals....
February 9, 2024
EU economy
EU set to ban forced-labour products with China in its sights
...VW denies any wrongdoing but is conducting an inquiry after media reports its joint venture used forced labour to build a test track....
March 5, 2024
LexElectric vehicles
Automakers beware: BYD can still afford to cut prices Premium content
...There is further room for growth at home as EV take-up in regional cities is still in the early stages....
March 26, 2024
Travel
VW’s hippie classic reborn, electrified — and yours for the weekend
...open the Buzz’s cargo doors to check out our home for the night....
May 25, 2023
Volkswagen AG
Volkswagen becomes latest non-union carmaker to raise US pay
...It should be Ford and the UAW versus Toyota and Honda, Tesla and all the Chinese companies that want to enter our home market.”...
November 22, 2023
Travel
Back to Georgia, where ‘a guest is a gift from God’
...Each home in Ushguli doubled as a watchtower (a Svan tower) to be defended to the bitter end....
March 7, 2024
News in-depthElectric vehicles
Carmakers step up EV discounts in bid to stem global demand slowdown
...Consumers who could charge at home would find their overall costs — sometimes called the “Total Cost of Ownership” — were at parity with engine cars....
November 13, 2023
Disrupted Times
VW tempted by US subsidies as EU readies green plans
...And while the IRA affects manufacturers in several sectors, EU executives are particularly worried about its impact on the autos industry: Europe is home to more than a quarter of global EV production, and...
March 8, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthNorthvolt AB
Peter Carlsson, Northvolt’s battery revolutionary
...Carlsson leads a type of company that is unusual for Sweden, home to traditional manufacturers including Volvo, Atlas Copco, and SKF....
November 24, 2023
Volkswagen AG
VW’s plans to pull out of Russia at risk after assets in country are frozen
...This included its plant in Kaluga, where it still pays roughly 4,000 employees to stay at home, and an automotive assembly plant in Nizhny Novgorod, which it ran with Russian carmaker Gaz....
March 20, 2023
News in-depthNIO, Inc
Inside Nio: Electric car group’s boss William Li and his fight for survival
...In an interview with the FT in 2018, he recalled how this was finally brought home to him at an Audi showroom at Munich airport....
December 29, 2023
Inside BusinessEdward White
China’s car market has become a Darwinian battleground
...Carmaker boardrooms need to consider not only survival in China, but the existential battle they will soon face at home. edward.white@ft.com...
May 25, 2023
News in-depthUnited Auto Workers
Strike pits US auto union in existential struggle over shift to electric vehicles
...When VW held a vote in 2019 for its Chattanooga plant in Tennessee, which makes both the VW Atlas SUV and the electric ID. 4, workers rejected the ballot....
September 16, 2023
Human rights
Volkswagen, BMW and Mercedes hit by Xinjiang forced labour complaint
...VW, BMW and Mercedes-Benz all declined to comment on the complaints, stating that they had not yet been contacted by German regulators....
June 20, 2023
Trade SecretsAlan Beattie
A trade reprieve won’t fix the EU’s failures on electric vehicles
...And yet while it did expand EV production in China, VW and the rest of the sector failed to change the paradigm at home, and governments did not press them. This is not a counsel of despair....
September 28, 2023
Pilita Clark
The dismal truth about email
...It is heartening to see a company such as Germany’s VW try measures such as switching off access to emails outside normal work hours, even if they are tricky to implement in practice....
June 4, 2023
Special ReportInvesting in America
Can America’s south-east unseat Detroit as ‘Motown’ of the EV age?
...Southern states have been among the most aggressive in offering the kind of subsidies and incentives that attracted VW to Columbia, which are particularly valued by automakers at a time of tight labour markets...
October 26, 2023
Personal Finance
Car buyers: how to steer through the labyrinth of choice
...Finally, in two weeks, they will get the chance to use the electric charger they installed in their Surrey home last spring....
May 26, 2023

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