Volkswagen's Osnabrück plant to be converted into defence manufacturing hub September 08, 2026 Volkswagen has reached an agreement with the State of Lower Saxony and investment firm Aurelius Capital on the potential sale of its Osnabrück plant. The site, where vehicle production is being phased out in summer 2027, is planned to be gradually developed into a competence centre for security and defence solutions.
Volkswagen to cut 100,000 jobs by end of decade September 04, 2026 The German automobile giant had said in March that it would cut 50,000 roles by the end of the decade. Volkswagen also indicated that it plans to slash the number of car models the group produces by half.
Factorial, SK On to explore solid-state battery manufacturing July 31, 2026 Under the MOU, US-based company Factorial Energy and South Korea’s SK On will jointly evaluate the technical feasibility and manufacturing considerations for Factorial’s FEST solid-state battery technologies.
Report: BMW aims to cut 8,000 jobs by end of 2027 July 30, 2026 BMW is the latest German carmaker to announce job cuts, following similar moves by Volkswagen, Mercedes and Volkswagen-owned Audi.
OCSiAl to supply single wall carbon nanotubes to PowerCo facility July 09, 2026 Nanotubes for PowerCo will be supplied from OCSiAl’s production facility in Serbia to the PowerCo factory in Salzgitter, Germany, helping increase local sourcing of critical battery materials within Europe.
Tesla to hire 1,000 workers at German Gigafactory July 01, 2026 Tesla has announced plans to hire 1,000 employees at its Gigafactory in Grünheide, near Berlin, as the company prepares to increase production. From October, the plant is expected to raise output to 7,500 vehicles per week, marking the next phase in the expansion of Tesla's European manufacturing hub.
Volkswagen weighs ending autonomous driving partnership with Bosch July 01, 2026 Volkswagen is reportedly planning to end its partnership with Bosch on the development of advanced driver assistance systems (ADAS) and autonomous driving technology. According to German newspaper Bild, which cited anonymous sources, the project failed to meet expectations despite investments of around EUR 1.5 billion.
Volkswagen reportedly considers cutting up to 100,000 jobs July 01, 2026 Germany's largest carmaker, Volkswagen, is reportedly preparing a sweeping cost-cutting programme that could include up to 100,000 job cuts, the closure of four plants in Germany, and reduced investment.
Skoda to exit China market by mid-2026 April 02, 2026 Skoda Auto has announced it will end car sales in China by mid-2026. The decision follows declining sales and increasing pressure from local electric vehicle manufacturers, according to Reuters.
Flex breaks ground on €90 million facility in Hungary March 24, 2026 Flex has laid the foundation stone for a new warehouse in Zalaegerszeg, Hungary, marking a further milestone in its EUR 90 million investment project in the country.
Rhoda raises $450 million to advance robotic intelligence March 20, 2026 Rather than relying primarily on teleoperated robot trajectories, US robotics startup Rhoda AI pre-trains its models on internet-scale video — hundreds of millions of videos — to build a strong prior on motion, physics, and physical interaction.
Doosan to supply manufacturing robot solutions to Kwangjin March 11, 2026 Under the agreement, Doosan Robotics will sequentially supply more than 100 manufacturing robot solutions to Kwangjin Group’s domestic and overseas plants through 2027.
PowerCo starts battery cell production at Salzgitter gigafactory December 17, 2025 Volkswagen-owned PowerCo has officially commissioned its gigafactory in Salzgitter, Germany, and started production of its first Unified Cells “made in Europe,”.
Global NEV sales up 31% in 3Q25 November 25, 2025 TrendForce’s latest investigations reveal that global NEV sales hit 5.39 million units in the third quarter of 2025, showing a 31% YoY growth. BEVs made up 3.71 million units, with a notable 48% YoY growth, while PHEVs reached 1.67 million units, marking a 4% increase year over year.
The European duo driving a greener electronics industry November 25, 2025 Stephan Theil, CEO of the German company Factronix, presented technologies and processes at Evertiq Expo Warsaw 2025 that can drastically reduce electronics manufacturing costs, carbon footprint and dependence on unstable supply chains.
Porsche scales back battery production plans, shifts Cellforce focus to R&D August 26, 2025 Porsche is reorganising its battery operations in response to slower-than-expected growth in electric vehicle markets, particularly in China and the United States. The company says that its subsidiary Cellforce will end plans to scale up production of high-performance batteries and instead focus on R&D of battery cells and systems.
Four-day week possible VW's Wolfsburg plant June 04, 2025 Because Volkswagen will be restructuring its Wolfsburg plant from 2027 to make way for EV-only production, work weeks may temporarily be only four days long.
Forge Nano’s battery and chip ambitions get $40M boost May 02, 2025 Forge Nano’s total capital investment now exceeds USD 140 million, adding RockCreek to a shareholder roster that includes GM Ventures, Volkswagen, LG Technology Ventures, Hanwha, Mitsui Kinzoku, Sumitomo Corporation of Americas, Air Liquide, Catalus Capital and SBI Investment
Chinese EV maker BYD re-evaluates European strategy in face of resistance April 28, 2025 Executives speaking anonymously revealed that BYD is rethinking how it approaches the European market in the wake of the continent’s resistance to its technology.
Siemens to cut 6,000 jobs in automation, EV charging March 19, 2025 Siemens’s automation business will see around 5,600 job cuts, with Germany accounting for half of those losses. The job cuts in the EV charging business represent 35% of the unit’s workforce.
Volkswagen to recall 60,000 electric cars over display issue March 03, 2025 The issue is reportedly linked to a software glitch that causes some gear positions to be displayed incorrectly.
CATL, Volkswagen to partner on EV batteries February 21, 2025 Volkswagen said the collaboration with CATL will help provide better battery solutions for its customers, support its supply chain and help in meeting the increasing requirements of the EV market.
Toyota Establishes New EV and Battery Production Company in China February 10, 2025 Toyota has announced that it will establish a wholly owned production company in Shanghai to increase its production of EVs and batteries for its Lexus brand.
Scania in last-ditch effort to resuscitate Northvolt February 03, 2025 Each member of Scania’s staff is supposed to be paired with a Northvolt shift manager or team leader to coach teams and drive improvements and implement standards, the Reuters report said.
Rivian claims growing interest in VW joint venture January 27, 2025 U.S. electric pickup and SUV maker says they have had a huge response to the partnership that adds its software and electrical architecture to both parties vehicles.
Volkswagen user data leaked January 03, 2025 Cariad, Volkswagen's software development subsidiary, has unwittingly leaked sensitive user data for electric vehicles from Volkswagen, Audi, Seat and Skoda. The leak included email addresses, phone numbers, location details and car owners' data.
Volkswagen invests $48 million for 9.9% stake in Patriot Battery Metals December 23, 2024 Patriot also signed a supply agreement with Volkswagen’s battery manufacturer, PowerCo, under which it is expected to supply 100,000 tonnes of spodumene concentrate annually for 10 years.
VW recalls 4,600 vehicles over battery overheating concerns December 09, 2024 The recall affects plug-in hybrids such as the 2022-2023 model year Audi Q5 SUVs and 2022 Audi A7 vehicles in the US. The remedy is expected to be available in the second quarter of 2025.
EU, China ‘close to deal’ over EV import tariffs November 25, 2024 In October, the EU decided to raise tariffs on Chinese-built EVs to as much as 45.3% following a high-profile investigation. The move has divided EU countries and sparked retaliation from Beijing.
Ford to cut workforce by 4,000 in Europe and UK November 22, 2024 Of the total, 2,900 jobs would be lost in Germany, 800 in Britain and 300 in other EU countries. Ford has 28,000 employees in Europe and 174,000 worldwide.
Northvolt files for bankruptcy in setback to Europe’s EV ambitions November 22, 2024 Swedish EV battery maker Northvolt said it has only enough cash to support operations for about a week and it had secured USD 100 million in new financing for the bankruptcy process.
Scania in talks with EV battery suppliers, CEO says November 18, 2024 Scania wants half of its vehicle sales to come from electric trucks by 2030. Currently, they make up less than 1% of sales, with the rollout hit by production and delivery problems at Northvolt.