Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Volkswagen cuts India EV costs by 30%, seeks local partner amid market struggles.
Volkswagen India is cutting EV development costs by 30% to $700 million and seeking an Indian partner to revive its struggling market presence, with talks underway with firms including a contract manufacturer and JSW Group.
The move follows failed talks with Mahindra & Mahindra and reflects a broader strategy to share risks in India’s competitive, price-sensitive auto market.
Despite a 2% market share, the Skoda Kylaq has seen strong sales, and Volkswagen is exploring EV imports if EU-India trade deals improve.
Stricter emission rules in 2027 and a planned 2028 EV launch drive the shift as global automakers face challenges against dominant Indian brands.
Volkswagen reduce los costos de EV en India en un 30%, busca un socio local en medio de las luchas del mercado.