Category: Electric cars

VW sees EV efficiency gains from optimizing its own components

2023 Volkswagen ID.4As automakers look to boost EV efficiency, Volkswagen believes bringing development of more components in-house will lead to big gains. VW announced this strategy shift at its Tech Day 2023 event, claiming efficiency improvements of up to 20% by developing its own optimized components. "The Volkswagen Group and its brands stand for first-class...

Report: Toyota might start EV production in Kentucky in 2025

2023 Toyota bZ4X Limited AWDToyota could start building electric cars in Kentucky as soon as 2025 by updating an existing factory, Nikkei reported Tuesday. The move could allow Toyota vehicles to qualify for the $7,500 federal tax credit under new rules, instituted under the Inflation Reduction Act (IRA), requiring North American assembly of vehicles and battery packs...