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- Autoblog Autoblog brings you automotive news; expert reviews of cars, trucks, crossovers and SUVs; and pictures and video. Research and compare vehicles, find local dealers, calculate loan payments, find your car's book value and get a service estimate at Autoblog.com. Volkswagen News Volkswagen has announced a major restructuring of its business, including a number of new models and the discontinuation of some of its existing vehicles. The automaker also revealed plans to launch an all-electric ID.4 SUV in the U.S. later this year, and it will debut its first all-electric pickup truck in 2022. VW has also promised to invest more than €30 billion in electric mobility and digitalization by 2025 as part of its electric shift. Additionally, the automaker has promised to reduce the average CO2 emissions of its vehicles by 30% by 2025.
General Motors has made a significant move in the electric vehicle battery sector by investing in Israeli battery technology company Addionics.GM's venture capital arm, GM Ventures, co-led a $39 million funding round alongside Israeli tech venture fund Deep Insight.Swedish truck maker Scania, owned by Volkswagen's Traton, also participated in the funding.