Automakers urge incoming Biden Administration for tax credit, incentives to boost R&D into self driving cars, EVs

On Tuesday, Alliance for Automotive Innovation, a major automotive trade association urged U.S. policymakers to back support for electric vehicles (EV), including new incentives to boost up consumer purchases, as well as research and development. U.S. President-elect Joe Biden has made boosting electric vehicles a top priority and has pledged to build 550,000 new EV…

Volkswagen will not cover the full cost of hardware retrofit

VW stated it will cover hardware retrofits for older diesel cars if its accepted by the owners. On Tuesday, contradicting a deal announced by the German coalition parties, Volkswagen stated it is not prepared to cover the entire cost of hardware retrofits for older diesel vehicles in Germany. “If hardware retrofits are accepted by customers,…

VW to hardware retrofit select older diesel cars in Germany

Facing pressure from environmental groups and the government, Volkswagen has agreed to hardware retrofit select models of older diesel vehicles as well as offer incentives to swap selected older models of diesel vehicles for newer ones, in the country. As per a source familiar with the matter at hand, Volkswagen will support hardware retrofits for…