FRANKFURT, Germany German carmakers Volkswagen and Mercedes-Benz struck battery materials cooperation agreements with mineral-rich Canada on Tuesday, intensifying efforts .
VW s U.S. plant in Chattanooga aims to build 90,000 electric vehicles next year. The new ID4 is expected to qualify this year for the full $7,500 U.S. tax credit under the new Inflation Reduction Act.
BERLIN (Reuters) - Inflation would spiral even further in Germany if it weren't for business with China, Volkswagen Chief Executive Herbert Diess said.