February 6, 2019
YOUR NEXT CAR WILL BE A VOLT:
Bet everything on electric: Inside Volkswagen's radical strategy shift (Edward Taylor, Jan Schwartz, 2/06/19, Reuters)
If Volkswagen realizes its ambition of becoming the global leader in electric cars, it will be thanks to a radical and risky bet born out of the biggest calamity in its history.The German giant has staked its future, to the tune of 80 billion euros ($91 billion), on being able to profitably mass-produce electric vehicles - a feat no carmaker has come close to achieving.
Posted by Orrin Judd at February 6, 2019 12:05 AM