Volkswagen, a German automaker, is reportedly exploring hydrogen fuel cell technology, indicated by a patent filing for a fuel cell stack for passenger cars. This suggests a potential diversification beyond their current focus on electric vehicles.
Signed an agreement with the Canadian government to acquire raw materials for EV batteries to be manufactured in the US, driven by the Inflation Reduction Act.
Volkswagen has invested in up to five separate partnerships for self-driving technology development, including lidar, computer vision, sensors, and AI.
Volkswagen AG is the second highest-selling automaker globally. In 2022, their sales fell by 7 percent, reaching their lowest delivery level in 11 years.
Volkswagen's CEO has stated that the company does not plan to roll out hydrogen passenger vehicles before 2030, deeming the technology not competitive enough for passenger cars at this time.
Volkswagen is developing a new fuel cell hydrogen car with a significantly longer range and lower cost than current models. The company has historically shown a preference for battery electric vehicles but is now pursuing hydrogen technology.
This council has been involved in the planning of Volkswagen's ID EV division and its sustainability efforts, including the use of renewable energy at the Zwickau factory.
Volkswagen is expressing optimism about the future of electric cars, highlighting its commitment to EVs and reducing its manufacturing carbon footprint. The company is working to resolve software issues for its upcoming ID.3 model.
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