European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…
Audi is taking a very systematic approach to the future of mobility. On Tuesday, Volkswagen’s Audi stated, it would sink in $15.9 billion (14 billion euros) through 2023 in autonomous driving, electric mobility and digitalization. For the next five years, Audi has projected its total expenditure to be around 40 billion euros, said the carmaker…
The German carmaker is preparing to transition from producing combustion engine powered vehicles to battery powered electric vehicles. Automotive giant Daimler AG stated, it will commence the building of a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama. The development comes in the wake of this…
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