Volkswagen is investing €1 billion into its Emden plant in Germany to accelerate the company’s transition to electromobility.
The German automaker is planning to convert the production facility, which is located in Northwest Germany near the Ems River, into a plant that will produce electric and internal combustion engine cars, a company press release said.
The company recently initiated the same project at its Zwickau factory in the city of Mosel.
Volkswagen is continuing a strong push toward a fully-electric fleet where the company will eventually ditch the production of gas and diesel automobiles in favor of sustainable forms of transportation. The company has vocalized its intentions to begin producing battery-electric cars exclusively, and the conversion of its current plants will undoubtedly accelerate the process.
“With the conversion of our plant at Emden into a production location for electric vehicles, Volkswagen is forcing the pace of system change,” VW Board Member Andreas Tostmann stated. “All in all, the company will invest about €1 billion in the transformation of the factory. Emden will be developed into a cornerstone of our electric strategy.”
The plant will be the first in the area of Lower Saxony to produce large amounts of electric vehicles. The first Volkswagen vehicle that will be manufactured at the plant will be the ID.4 compact SUV, which will begin in 2022. Volkswagen will eventually build all of its electric models at the Emden plant, which includes the complete ID family of cars.
Eventually, the Emden plant will produce 300,000 vehicles every year.
But before the plant is capable of this production rate, Volkwagen has to complete and extensive conversion project that includes the construction of a new factory hall. The expansion will be nearly 50,000 square meters, and the existing press and body shops will be expanded by an additional 23,000 square meters.
A new paint facility will also be constructed that will 6,000 square meters and is known as a “bi-color hall” that will be responsible for painting the roofs of the ID family of vehicles black.
The new factory hall, along with the expansion of already-built portions of the factory, is expected to be completed by Summer 2021.
“We are converting a major automobile plant during production,” Uwe Schwarts, the manager of the Emden plant, said. “We are proud to be the first plant in Lower Saxony to produce both internal combustion and all-electric models. The workforce is performing outstandingly well.”
Volkswagen has diligently trained its employees on the production of electric vehicles across many of its Germany manufacturing facilities. In Emden, workers have been sensitized since the fall of 2019. By the time the ID.4 begins production, workers will have completed over 60,000 days of training.
Volkswagen has initiated a plan to become the leader in e-mobility through its transition to electrification. By 2025, the company plans to have more than 20 all-electric models that will help the global mission to reduce pollution from the Earth’s atmosphere when driving cars. The German automaker is already investing about €11 billion in its mission for e-mobility. Volkswagen is working toward transforming some of its largest plants into EV manufacturing facilities.
Volkswagen CEO Ralf Brandstätter recognizes Emden’s significance in the company’s charge toward electrification. “We are forcing the pace of system change – Emden is a cornerstone of our electric strategy.”
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
