The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
The BBC visited China’s EV factories and found they are dominating the ecosystems shaping the global auto industry.
Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.
Ashenafei Demissie was in a Volkswagen ID.4 when it suddenly accelerated, killing Fareed Amir.
Customers still want "the sound and the emotion" of internal combustion engines, the company's boss Stephan Winkelmann said.
European carmakers face intense competition from Chinese rivals and weak demand for luxury cars.
With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?
VW enthusiasts gather at the National Motor Museum to take Christmas gifts to children in hospital
The firms will share EV technology as they face slowing sales growth and competition from Chinese rivals.
