But building more EVs could result in thousands of jobs lost.
Tag: Volkswagen
Germany Plays Catch Up, Pours $1.2 Billion Into EV Batteries
Currently Japanese, Korean and Chinese firms dominate battery cell production According to Reuters, Germany has earmarked $1 billion euros ($1.2 billion USD) to jump start local production of electric car battery cells. The effort is intended to reduce the reliance of German automakers on Asian battery suppliers. This investment would help grow a German “battery […]
Germany Plays Catch Up, Pours $1.2 Billion Into EV Batteries
Currently Japanese, Korean and Chinese firms dominate battery cell production According to Reuters, Germany has earmarked $1 billion euros ($1.2 billion USD) to jump start local production of electric car battery cells. The effort is intended to reduce the reliance of German automakers on Asian battery suppliers. This investment would help grow a German “battery […]
Tesla now more valuable than BMW after market capitalization
After Tesla beat out Ford and General Motors at last year‘s market capitalization, making them the most valued US carmaker, the Californians now also have beaten BMW. This now puts Tesla at number four on the global ranking; Right behind Toyota, Volkswagen and Daimler. Place three is not far out of reach for Tesla, however. […]
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VW planning Polo-sized BEV for under €20,000
The VW company is reportedly increasingly focusing on preparing their facilities in Germany for the planned electrification offensive. Now the Germans have announced that next to the I.D., which will run €25,000 at the basic price, they are planning an electric model which will retail for under €20,000. VW Utility vehicles is looking to manufacture […]
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Volkswagen To Sell Subcompact Electric Crossover For $21,000
Also has a mid-size sedan and station wagon in the works. The future for Volkswagen is electric and involves a host of different models, not just the more recently publicized bunch that includes a hatchback (thought to be called the I.D. Neo), the I.D. Crozz, the I.D. Buzz, and the I.D. Vizzion. Word is, a […]
Electrify America’s New Campaign Aims To Increase EV Public Awareness
In low-income and disadvantaged communities in California. As part of the dieselgate scandal settlement, Volkswagen was ordered to invest $2 billion in electric vehicle infrastructure and education throughout the US. Of that, $800-million will be invested in California, and the remaining $1.2 billion will be used for the rest of the country. We’ve begun to […]
Electrify America Launches Fleet Of EV On-Demand Cars
The first wave of VW e-Golfs for car sharing hit the streets in Sacramento Envoy Technologies and Electrify America (Volkswagens’ subsidiary), as announced earlier this year, launched a community-based car sharing system with electric cars in Sacramento, under the Electrify America Green City initiative called Sac-to-Zero. Initially, there are more than 20 Volkswagen e-Golf at over […]
VW Considers Converting 2 German Factories Over To EV Production
Stage is being set for a huge shift. Volkswagen has big electric plans for the future, if that future ever comes and the entire auto industry doesn’t crash. Though it currently only offers the e-Golf and, in Europe, the e-up, its electric efforts should really kick off in early 2020 with the coming of the I.D. […]
Volkswagen receives ‘Dieselgate’ lawsuit in Germany amid new EV plant announcements
Auto titan Volkswagen is facing a class-action lawsuit from German customers who purchased diesel vehicles equipped with emissions-cheating defeat devices. The new suit was made possible by a new legislation that took effect on November 1, which was expedited to beat a year-end statute of limitations for claims against Volkswagen. Justice Minister Katarina Barley noted […]
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