Tesla Is Losing to Volkswagen's EVs in Europe(jalopnik.com) For years, Tesla's overinflated share price has been backed by two things: The cult of personality around the company's CEO and not-founder, Elon Musk, and its position as the world's biggest electric automaker.
VW's ID.1 entry-level EV will be here sooner than expected, thanks to Rivian(electrek.co) Volkswagen is gearing up to launch its new entry-level EV, the ID.1. The new electric car will be its cheapest so far, starting at under $22,000 (20,000 euros). It will also kick off a new “software-defined” era at VW. Thanks to its partnership with Rivian, Volkswagen’s first SDV, the ID.1, will be here even sooner than expected.
Volkswagen seeks to counter rivals with budget EV model(ttnews.com) Volkswagen AG became a global car giant thanks to the Beetle, an affordable model for the masses. Now, the German automaker is finally unveiling a budget car for the electric-vehicle age as it tries to catch up with Chinese brands and other rivals with cheaper options.
Volkswagen Data Leak Exposed 800k EV Owners' Movements(carscoops.com) Many people worry about hackers stealing their personal data, but sometimes, the worst breaches come not from shadowy cybercriminals but straight from the companies we trust. According to a new report from Germany, the VW Group stored sensitive information for 800,000 electric vehicles from various brands on a poorly secured Amazon cloud—essentially leaving the digital door wide open for anyone to waltz in. And not just briefly, but for months on end.