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Volkswagen accelerates push into electric cars with $40 bln spending plan

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars.
Reuters India Also reported by •Reuters

VW Group to invest £30bn in electrification, autonomy and future tech

The VW Group is investing in electrification and autonomous technology Company CEO claims huge investment will lead to it 'reinventing the car' The Volkswagen Group will invest more than..
Autocar

Videos for "Electric Cars"

News video: What Tesla Can Bring to the Trucking Industry

What Tesla Can Bring to the Trucking Industry 02:38

Nov.17 -- James Albertine, Consumer Edge Research senior autos analyst, discusses Tesla's new all-electric heavy-duty truck and Roadster sports car. He speaks with Bloomberg's Scarlet Fu and Julia..
Source: Bloomberg Global Business -

News video: VW heats up electric cars race with $40 bln spend

VW heats up electric cars race with $40 bln spend 01:41

Volkswagen will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022, the group said on Friday. Silvia Antonioli reports.
Source: Rumble -

News video: Tesla Charges Ahead With Electric Truck and New Roadster

Tesla Charges Ahead With Electric Truck and New Roadster 02:42

Nov.17 -- Tesla has launched a fully electric Semi that boasts incredible speed and range. The company hopes its latest vehicle will change road freight as we know it. CEO Elon Musk surprised..
Source: Bloomberg Global Business -

News video: Elon Musk and Tesla Reveals The Fastest Production Car Ever Made

Elon Musk and Tesla Reveals The Fastest Production Car Ever Made 01:02

On the day Tesla announced it's first commercial vehicle, it also revealed a record breaking sports car.
Source: Veuer -

News video: Tesla unveils its all-electric semi truck

Tesla unveils its all-electric semi truck 00:32

After revolutionizing electric cars, Tesla is tackling a new frontier in "green" transportation with the introduction a futuristic all-electric semi truck.
Source: Agence France-Presse (AFP) -

 

VW to spend $40B on electric cars, technology through 2022

vw to spend $40b on electric cars, technology through 2022
Volkswagen says it plans to spend more than 34 billion euros ($40 billion) over the next five years on developing electric cars, autonomous driving and other new technologies. The German ......
WorldNews Also reported by •USATODAY.comSFGateSeattlePI.comSeattle Times

Volkswagen Group unveils five-year investment plan

German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and..
Deutsche Welle

Toyota plans to start selling EVs in China in 2020

Toyota recently announced plans to design and build EVs with Mazda in the US, but it has big plans elsewhere, too. The automaker will produce electric cars in both China and India starting in 2020, it..
engadget Also reported by •TUAW

GM thinks cheaper batteries will make electric cars more profitable

Sales haven't taken off, but GM is hopeful
USATODAY.com

Volkswagen to spend over $40 billion on electric and self-driving cars

WOLFSBURG, Germany (Reuters) - Volkswagen's leaders on Friday approved a five-year spending plan that aims to further the German automaker's goal of transforming itself into a leading force in electric..
Reuters

Even With Beijing Pushing, Electric Cars Prove Hard to Start

Electric vehicles aren’t yet living up to the hype, auto makers in China are finding, as they churn out more EVs than they can sell—even with generous government subsidies—to satisfy Beijing’s..
Wall Street Journal

Frontrunning: November 16

· Senate Panel Approves Tax Plan as GOP Leaders Gird for Fight (BBG) · U.S. towns, cities fear taxpayer revolt if Republicans kill deduction (Reuters) · After House Victory, Tax-Overhaul Fight Now..
Zero Hedge

Analysis: Metal recyclers prepare for electric car revolution

LONDON (Reuters) - Recycling companies are honing processes to extract metals from old batteries more cheaply and efficiently so they can capitalise on an expected shortfall in materials such as cobalt..
Reuters India Also reported by •Reuters

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