Volkswagen Group revealed Thursday that more than half of its spending over the next five years will go toward electric vehicles and other high-tech initiatives. VW anticipates electric vehicles to account for 25% of its global sales by the end of 2026. Currently, electric vehicles represent for 5% to 6% of Volkswagen sales. VW would…
VW’s system changes are proposed to all the more likely line up with the Biden Administration’s endeavors. As indicated by a new article on Automotive News, the Volkswagen Group plans to up its North American EV endeavors amazingly. This all comes as the automaker is relying on the accomplishment of the Biden Administration’s $174 billion…
Volkswagen is intending to discharge a completely electric SUV in China which could contend with Tesla’s TSLA, +0.04% Model X. The German automaker said Sunday the ID Roomzz, which was disclosed at the Shanghai Auto Show, will be accessible in 2021. Volkswagen VOW, +0.45% VOW, +0.22% said the zero-emission vehicle can go roughly 280 miles…