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Volkswagen And BMW Report Unexpected Good News Of Their EV Progress

With many concerns in the air about the EV revolution running out of steam as even the EV king, Tesla Inc (NASDAQ: TSLA) came short of estimates as it posted its first deliveries drop in four years, Volkswagen AG (OTC: VWAGY) and Bayerische Motoren Werke Aktiengesellschaft (OTC: BMWYY) provided some much-needed optimism on the EV front. Helped by price cuts, Volkswagen’s e-offensive is showing results in the world’s biggest car market. While Volkswagen faced a diminishing EV demand in Europe, Eu

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Russia's invasion of Ukraine will lower car production by millions of units over two years, S&P says

Russia's invasion of Ukraine will lower car production by millions of units over two years, S&P says : Rashtra News #Russias #invasion #Ukraine #car #production #millions #units #years A worker attaches a wiring harness to the chassis of an X model SUV at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019.Charles Mostoller

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Business News: EV start-up Polestar takes shots at Tesla CEO Elon Musk and Volkswagen in Super Bowl ad

EV start-up Polestar takes shots at Tesla CEO Elon Musk and Volkswagen in Super Bowl ad : Rashtra News #startup #Polestar #takes #shots #Tesla #CEO #Elon #Musk #Volkswagen #Super #Bowl Electric vehicle start-up Polestar, which is expected to go public this year, used its first-ever Super Bowl ad to indirectly take shots at its competitors,

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Autos firms say they expect limited impact from Baltimore port closure

"The situation is still developing and we will do our best to make sure we find ways to distribute vehicles out into the market," Volkswagen USA CEO told CNBC.

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Baltimore bridge collapse: U.S. economy will feel minimal impact

President Joe Biden said he expects the federal government to cover the cost of rebuilding the Francis Scott Key Bridge.

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Here's where to invest $1 million right now, according to the pros

Recommendations from fund managers and wealth advisors range from tech to AI's power needs — and a stock portfolio for the "moderately aggressive" investor.

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EV euphoria is dead. Automakers trumpet consumer choice in U.S.

Automakers from Ford and GM to Mercedes-Benz, Volkswagen and Aston Martin are scaling back or delaying their electric vehicle plans.

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Porsche warns of fall in profitability but hikes dividend on strong 2023 results

Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend.

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Volkswagen And XPeng To Bring Two EVs To Life

After announcing their partnership in July, Volkswagen AG (OTC: VWAGY) and XPeng Inc (NYSE: XPEV) revealed on Thursday they expanded their partnership to jointly develop an intelligent connected vehicle models for the Chinese market. The two EVs enhanced with an intuitive and connected digital experience, as well as advanced automated driving functions, should hit the market in 2026. Reuters reported that the first car that Volkswagen and XPeng will develop together will be an SUV. The Power Of

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