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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. Winterkorn noted that the industry is experiencing its worst crisis in decades, with a collapse in the global market of 18% in the first half of this year. Martin Winterkorn.

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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Because of limited availability of VW stock, the initial Suzuki purchase will be around ¥50 billion (US$569 million), said Osamu Suzuki, Chairman, President, CEO and COO of Suzuki during a press conference in Tokyo. We can’t afford to spend a lot of time on this, we want to be speedy. Osamu Suzuki. million vehicles and 3.1

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New German High-Energy Li-ion Battery Consortium Headed by BASF; 21M Investment from German Government

Green Car Congress

Under the leadership of BASF Future Business GmbH, eighteen partners from industry and science have formed the cross-sector consortium “HE-Lion” to develop and bring to market safer, more affordable high-energy lithium-ion batteries over the next four to six years for use in plug-in hybrid automobiles and electric-vehicles. Earlier post.)

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Volkswagen warns against electric car hype

Green Cars News

He believes that within a decade, Volkswagen will offer “significant numbers&# of pure electric cars at affordable prices that offer the range expected by customers. In terms of VW and the electric car, Winterkorn says it estimates a global share of 1-1.5 per cent in pure electric vehicles in 2020.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. Gasgoo.com | ?? | Brilliance Jinbei Automobile Co. and Chery Automobile Co.

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New EV electric car calendar

EV Central

ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Chevrolet Equinox – affordable mid-sized SUV set to go EV in 2023. Hyundai Ioniq 5 – more affordable version of the Ioniq 5 arrives in Australia in mid-2022.

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This is Volkswagen’s Brilliant Strategy To Dominate The EV Market!

Get Electric Vehicle

But despite the similarities, there was a major difference between the Model T and Model S which was ‘AFFORDABILITY’. Model T was a huge hit and welcomed by people in all classes of the society while Model S couldn’t enjoy the wide acceptance though it was a great car owing to its hefty price tag of $74,990 to $71,990.

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