Volkswagen emissions scandal

Volkswagen Considers Shutting German Factories for the First Time in 87 Years

Volkswagen is considering the unprecedented step of closing its factories in Germany for the first time in its 87-year history as part of a broader effort to cut costs amidst increasing competition from Chinese electric vehicle manufacturers, CNN and Financial Times report.

Volkswagen takes on US, China rivals with battery factory

Volkswagen celebrated the beginning of work on its first in-house battery factory, as the German auto giant looks to head off competition from U.S. and Chinese electric vehicle upstarts.

The firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a ceremony on July 7 attended by German Chancellor Olaf Scholz.

Greece Sets Daring Experiment – Whole Aegean Island Goes Completely Green

Greek Prime Minister Kyriakos Mitsotakis is expected to announce on Wednesday (2 June) the details of a project which aims to transform the island of Astypalaia in the southeastern Aegean Sea into Europe's "Green Island".

The objective is to have all of Astypalaia's daily activities run on renewable energy, from electricity to transport.

Volkswagen raises forecast for electric car production

Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned. Dec. 27's announcement came as European automakers are under pressure to meet lower emissions limits aimed at fighting global warming.

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