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Prominent German automaker Volkswagen has announced plans to roll out its ID.7 EV across three continents within the next year. Volkswagen appears set to stake its claim in China’s electric vehicle (EV) market by launching a higher-end car. The German motor vehicle manufacturer also plans to invest up to $1 billion to develop
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The Volkswagen ID7 is not only appealing as a high-performance electric vehicle, but it is also one that is built to be largely affordable, compared to current market alternatives. German multinational vehicle maker, Volkswagen Group (ETR: VOW3) has introduced its latest car, the ID.7, billed as the first all-electric Volkswagen for
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Volkswagen posted first half earnings of $13.5 billion and now expects operating return on sales to go as high as 7.5%.German automaker Volkswagen AG (XETRA: VOW) on Thursday, July 29, posted record first half sales of 11.4 billion euros ($13.5 billion) after experiencing a surge in demand for its products.
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