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SEAT to launch 6 electric and plug-in hybrid models, develop smaller version of MEB for lower-cost EVs

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The goal of the new platform is to develop affordable electric vehicles, with an entry level price below €20,000. SEAT will realize the first electric vehicle that is especially designed for urban journeys. The goal for forthcoming years is to step up the company’s globalization. —Volkswagen AG CEO Dr. Herbert Diess.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. Market” forces include many components. percent from 10.2