Volkswagen Group

EVs picking up amid declining new car sales

New car sales in Slovenia fell by 14% last year after recovering by 3% in 2021 following a 27% drop in 2020, the year worst affected by Covid-19. Of the 46,339 cars registered in the country for the first time last year, 9,170 were electric vehicles, a rise of 12% on the year before, data from the Chamber of Commerce shows.

Lamborghini has already sold all its cars until 2024

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss has said, with luxury goods seemingly unaffected by global economic uncertainty.     

The Volkswagen subsidiary is enjoying "high demand" and has an order book covering the next 18 months, CEO Stephan Winkelmann said.    

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.

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