Search Results Found For: "VW"

Volkswagen CEO: Europe needs to take the lead in electric mobility

Since the public humiliation of the diesel debacle, Volkswagen’s execs have had much to say about producing more electrified vehicles. Speaking at the company’s New Year’s party in Brussels, CEO Matthias Müller promised that the Volkswagen Group would concentrate on sustainability “more than ever before,” and confirmed plans to introduce about 20 new plug-in models… Read more »

Tesla leads the pack as overall 2015 plug-in sales fall short

2015 was a year of retrenching and preparation for the future in the EV industry. US sales for the year were around 116,000, falling short of 2014’s figure of 123,000. The Tesla Model S grabbed and held the lead position, handily outselling all other plug-ins in the US with 25,700 deliveries. However, the big news… Read more »

Volkswagen Group to boost investments in EV tech by €100M

As the Volkswagen Group works to control the damage from its emissions cheating scam, it plans to cut planned investments in property, plant and equipment for next year by about €1 billion. One area, however, will see an increase. VW plans to boost spending on electrification technologies by €100 million, continuing its development of electric… Read more »

Slow sales for Tesla in Germany. Are more EV incentives on the way? (UPDATED)

Last month’s Frankfurt auto show was positively crackling with EV news, as Audi, BMW and Porsche presented concept EVs, Mitsubishi showed its 2016 Outlander PHEV, and several suppliers touted tech advances. However, the comparatively low-key presence of electric trendsetter Tesla – which was showing red, white and blue Model S but no Model X –… Read more »

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