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Audi plans almost €22-billion investment through 2018; targeting 2M annual deliveries

Green Car Congress

This is why we are keeping our foot on the gas regarding investments and why we are hiring new employees in 2014. —Axel Strotbek, Member of the Board of Management of AUDI AG for Finance and Organization. So far, 26,000 people have applied for jobs in Mexico, where more than 1,000 new Audi employees will be hired in 2014 alone.

Audi 199
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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

We have rock-solid finances. The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. The necessary reduction of criteria and greenhouse gas emissions, both globally and locally. We have nine strong brands that work well together. We have a huge technological potential, despite the crisis.

2013 150
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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

For $100 million in one year, we’ll demonstrate how to rapidly reduce use of oil in transportation with safe, warrantied retrofits of tens of millions gas-guzzlers. We now have a sprinkling of promising companies working to get funded to convert gas-guzzlers. In the key area of transportation, we submit our Drive Star proposal.

Oil 252
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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

Despite current deficits, the United States cannot afford to forego the long-term investments that will improve its competitiveness in this multi-trillion-dollar market and its national security, while reducing both greenhouse gas emissions and other environmental hazards. —Policy Brief.

Energy 231
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VW ID.4 review, Audi Q6 E-Tron preview, Lexus RX PHEV, Trump EV tariff: The Week in Reverse

Baua Electric

BMW Vision Neue Klasse X concept BMW provided a first look at another concept previewing its next generation of EVs. Meanwhile, it confirmed “a financing commitment” of up to $150 million, said it continues to negotiate with another automaker—reportedly Nissan—over a strategic partnership, and is pursuing a franchised-dealership model.

Lexus 52