Hyperdrive
VW Brand Dissolves Racing Operation, Shifts Staff to Work on EVs
A Volkswagen I.D. R prototype electric vehicle.
Photographer: Alberto Bernasconi/BloombergThis article is for subscribers only.
Volkswagen AG is terminating motorsport activities at its namesake car division and reassigning employees to work on its growing line of electric vehicles.
The Hanover, Germany-based unit employing 169 people will be folded into the parent company in the coming months, VW said in a statement Tuesday. The division already worked on a prototype electric race car called ID.R and will help develop the brand’s growing range of electric models.