Global OEMs, including European, Chinese, and Korean players, are competing fiercely for market share in commercial transport.

The entities involved

• Volkswagen Group →

  German automotive manufacturing conglomerate

  • QuantumScape and Powerco expanded their collaboration, introducing new milestone payments with Volkswagen's battery subsidiary.Mon 17:19
  • Changan is eyeing the Australian market as a competitor to Mazda, leveraging shared design DNA from past Volkswagen projects.Mon 16:41
• Hyundai Motor Company →

  South Korean multinational automaker

  • Hyundai, Kia, and Ford are gaining market share in US deliveries while simultaneously facing headwinds due to their current EV strategy fallout.Fri 16:33
  • Prototypes for Genesis were tested at Le Mans while Hyundai oversees the brand's strategy targeting luxury brands like Ferrari.Fri 13:58

Related events

• EU trade barriers are impacting Chinese rivals.Sep 22
• Volkswagen Group faces intense global competition from Chinese firms, necessitating an EV transition amid tariff pressures.Jul 10
• The German auto industry, including Volkswagen Group, is seeking deeper ties with China and shifting its focus to expand beyond the Chinese market.Wed 16:43
• Volkswagen Group is navigating weak demand and EV transition challenges while seeking partnerships in Europe and China.Jun 10
• Volkswagen Group is facing market challenges in Europe, operating major plants in Germany, while contending with the competitive pressures from companies like BYD and the impact of market decline in China.Sep 10