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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

This total amount includes additions to capitalized development costs of €10.3 The Group will continue driving forward the development of hybrid and electric motors in particular. Tags: Engines Hybrids Market Background Motors Vehicle Manufacturers. The Volkswagen Group will invest around €51.6 billion (US$76.5 billion (US$14.1

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[PRESS RELEASE] Emissions Reduction Plan: Electric Vehicles will drive a low emissions future

Drive Electric

EVs will drive down the costs of owning a vehicle and give New Zealand more energy independence. Today signals that New Zealand wants to be part of that transition, and avoid becoming a dumping ground for dirty second-hand vehicles from other markets. This makes so much sense for a country with our access to renewable energy.

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Update: Top 10 Electric Cars

Clean Fleet Report

The only upgrade is the Plaid version that features even faster acceleration from three motors, producing sub-two second 0-60 runs. Volkswagen Group (which includes VW, Audi, Porsche, Lamborghini and Bentley in the U.S.) Toyota offers 12 hybrid models (Toyota & Lexus ) with similar electric motors and advanced battery packs.

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Scrappage scheme scrap ends

Green Cars News

According to the Society of Motor Manufacturers and Traders (SMMT), the final details regarding the scrappage incentive scheme have now been resolved, with the full backing of car manufacturers.

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Baltimore Bridge Collapse Has Major Implications for Automotive Sector

The Truth About Cars

The port handles imports and exports for major automakers including Nissan, Toyota, General Motors, Volvo, Jaguar Land Rover and the Volkswagen Group — including luxury models for Audi, Lamborghini and Bentley. The port also handles farm and construction machinery, sugar, gypsum and coal, according to a Maryland government website.

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GM, Segway to Make Vehicle - WSJ.com

Tony Karrer Delicious EVdriven

NewsVine StumbleUpon Mixx Text Size By SHARON TERLEP General Motors Corp. GM didnt say how much the machines would cost, but research chief Larry Burns said owners would spend one-third to one-fourth of the cost of a traditional vehicle. Manage Email preferences Companies within this Article General Motors Corp.(

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Convincing Consumers To Buy EVs

Cars That Think

How long GM will be able to keep that price in the face of battery cost increases and inflationary pressure, is anyone’s guess. It has already started to increase the cost of its Chevrolet Bolt EVs , which it had slashed last year, “due to ongoing industry-related pricing pressures.”

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