News
Volkswagen calls on ID.3 to boost struggling China EV sales
Volkswagen’s ID.3 all-electric vehicle will make its way to China in Q4 in hopes to harness the momentum from the growing Chinese EV market to boost VW’s lackluster sales in the region.
The German automaker has both the ID.4 crossover and the China-only ID.6 available for purchase currently, but Volkswagen is attempting to push things forward in alignment with their “ACCELERATE” strategy. The ID.3 has performed well in the European market, giving itself a reputation as one of the best-selling EVs in the region since its release in 2020. Now that the ID.3 is being set up for an eventual appearance in China that is currently planned for Q4 2021, Volkswagen is looking to harness more momentum that could help translate its non-impressive sales stats to be on par with region sales leaders Tesla and GM.
(Credit: Volkswagen)
Volkswagen sold 5,800 EVs in July, a drastic increase from its only 2,900 EV sales in June. Despite the relative doubling in sales from June to July, the company is still lagging behind Tesla considerably, which has been one of China’s top 2 EV manufacturers for over a year, sparring with the SAIC-Wuling-GM partnership responsible for the HongGuang Mini EV. The ID.3, with its smaller body style that is more compact and resembles the Golf, could be VW’s golden egg that surges sales and makes the company a competitor in the Chinese market once again.
“Volkswagen’s global electrification offensive is rapidly gaining further momentum. With the ID.3 we are already launching the third all-electric model series in China within a mere six months,” Volkswagen CEO Ralf Brandstätter said. “We are thus underscoring our ambition to occupy a leading position in the market for electric vehicles in China as well as Europe.”
The ID.3 will make its way to the Chengdu Motor Show this week, and customers in China will be able to reserve an ID.3 via a pre-booking system prior to the market launch in October, the company said in a press release. Expectations are outlined by VW as well, which forecasts between 80,000 and 100,000 vehicles from the ID. family will be delivered to customers. This is ultimately dependent on how the company can navigate through the global semiconductor shortage, which could derail delivery plans for several automakers.
“With the ID.4 and ID.6 we have successfully launched two strong model series in recent months. Feedback from our customers is promising, delivery figures meet our expectations,” Volkswagen China CEO Stephan Wöllenstein said. “With the ID.3, we are now offering our customers a product in the important compact segment and, in combination with the other ID. models, are able to cover a large share of the market.”
The expansion of Volkswagen’s EV lineup intends to increase the market share of its fully electric cars in Europe to over 70%. In North America and China, Volkswagen targets an EV share of over 50%.
Volkswagen has not struggled in other markets with its EVs. The company has still managed to deliver around 160,000 units globally this year. The first half of 2021 saw Volkswagen as the leader in European EV registrations with 15.4% of the market share.
What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
