Volkswagen is a German automobile manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into the global brand it is known as today post-World War II by the British Army officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is China, which delivers 40 percent of its sales and profits. Its name is derived from the German-language terms Volk and Wagen, translating to "people's car" when combined.
Volkswagen AG, known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly-traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles and was the largest automaker by revenue in 2022. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies. In 2023, Volkswagen Group ranked 29th in the Forbes Global 2000.
Navistar International Corporation is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus brand. On July 1, 2021, Navistar became a wholly owned subsidiary of Traton, and therefore part of the Volkswagen Group.
Great Wall Motor Company Limited is a Chinese privately owned automobile manufacturer headquartered in Baoding, Hebei, China. Named after the Great Wall of China, the company largely produces sport-utility vehicles (SUVs) and pick-up trucks. It is one of the top ten Chinese automobile manufacturer with 1.23 million vehicles sold globally in 2023.
The automotive industry inmainland China has been the largest in the world measured by automobile unit production since 2008. As of 2024, mainland China is also the world's largest automobile market both in terms of sales and ownership.
JAC Group is a Chinese automobile and commercial vehicle manufacturer. The company is based in Hefei, Anhui Province, China.
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies. An electric delivery van, the Rivian EDV, is also being produced. Rivian started deliveries of its R1T pickup truck in late 2021. The company planned to build an exclusive charging network in the United States and Canada by the end of 2023.
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) and more than 1.5 million exports in 2023. In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs and 2.79 million PHEV. China also dominates the plug-in electric bus and light commercial vehicle market, reaching over 500,000 buses and 247,500 electric commercial vehicles in 2019, and recording new sales of 447,000 commercial EVs in 2023.
Lucid Group, Inc. is an American automotive and technology company that makes electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. The company expects to begin production of its second model, the Lucid Gravity SUV, in late 2024. Lucid also supplies and develops powertrain technology to other automakers, including Aston Martin.
Traton SE, known as the Traton Group, is a subsidiary of the Volkswagen Group and one of the world's largest commercial vehicle manufacturers, with its MAN, Scania, Navistar, and Volkswagen Caminhões e Ônibus brands. The company also has digital services branded as RIO. In 2020, the group sold around 190,200 vehicles. The range of products includes light-, medium-, and heavy-duty trucks, as well as vans and buses. As of December 31, 2020, Traton employed around 82,600 people in its commercial vehicle brands.
The Volkswagen ID.3 is a battery electric small family car (C-segment) produced by Volkswagen since 2019. It is the first production car to utilize the MEB platform, and the first model of the ID. series. It was unveiled on 9 September 2019 at the Frankfurt Motor Show, after being first shown as the I.D. concept car at the 2016 Paris Motor Show. Deliveries to retail customers began in Germany in September 2020.
The Volkswagen Group MEB platform is a modular car platform for electric cars developed by the Volkswagen Group and its subsidiaries. It is used in models of Audi, Cupra, Škoda, and Volkswagen, along with Ford through partnership. The architecture is aimed to "consolidate electronic controls and reduce the number of microprocessors, advance the application of new driver-assistance technology and somewhat alter the way cars are built" by the VW Group.
Guangzhou Xiaopeng Motors Technology Co., Ltd., doing business as XPeng Motors, commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guangdong, with offices in Mountain View, California, United States and Munich, Germany. XPeng stock is publicly traded on the New York Stock Exchange and the Hong Kong Stock Exchange.
The Volkswagen ID.4 and Volkswagen ID.5 are battery electric compact crossover SUVs produced by Volkswagen. Based on the MEB platform, the ID.4 is the second model of the Volkswagen ID. series. The production version of the ID.4 debuted in September 2020 as the first fully-electric crossover SUV under the Volkswagen brand, while the coupe-shaped variant of the ID.4 is marketed as the Volkswagen ID.5 and was revealed in November 2021.
The Volkswagen ID.6 is a battery electric mid-size crossover SUV with three-row seating produced by Volkswagen in China from 2021. It is based on the MEB platform, and part of the ID. series electric vehicle line-up. In China, the FAW-Volkswagen joint venture will produce and market the ID.6 Crozz, whereas SAIC-Volkswagen will build and market the ID.6 X with a slightly altered styling. As of April 2022, it is the second largest vehicle of the Volkswagen ID. series, and the second largest built on the MEB platform.
The Cupra Tavascan is an battery electric compact crossover SUV (C-segment) to be produced by Volkswagen Anhui, a joint venture between Volkswagen (75%) and Chinese company JAC Group (25%), and sold by Cupra, a subsidiary of SEAT.
Nu Ride Inc. is an American electric vehicle automaker located in Lordstown, Ohio. The company was based at the Lordstown Assembly plant, previously a General Motors factory. Lordstown Motors was known for its Lordstown Endurance electric pickup truck. In March 2024, the company emerged from its September 2023 bankruptcy restructuring as Nu Ride Inc., headquartered in New York City.
The Volkswagen Taos is a compact crossover SUV manufactured and marketed by Volkswagen. It was first released in October 2018 as the Volkswagen Tharu in China, while the Taos was released in October 2020 as a restyled version of the Tharu for the North American, South American, and Russian markets. In the brand's lineup, the vehicle is positioned below the Tiguan, and in South America and China above the T-Cross. It is not marketed in core European market.
There are currently about 150 active brands in the Chinese automobile market. Among them are 97 Chinese domestic brands and 43 joint venture (JV) brands. Before 2010, the traditional "Big Four" refers to the four major state-owned car manufacturers, SAIC, FAW, Dongfeng and Changan. Other Chinese car manufacturers, both from public and private sectors, like Geely, BAIC, BYD, Chery, GAC, Great Wall, JAC and Seres emerged as the major players with the expansion of Chinese automotive industry.
