Green Car Congress
JULY 12, 2019
As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. Volkswagen will invest $2.6 billion in Argo AI by committing $1 billion in funding and contributing its $1.6 Ford will invest the remaining $600 million of its previously announced $1 billion cash commitment in Argo AI.
Green Car Congress
AUGUST 30, 2009
Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy.
Cars That Think
OCTOBER 1, 2021
As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US. Furthermore, BMW does not believe customers will purchase an EV based on its underlying EV platform alone. It's not relevant for a buying decision," argues BMW Group CEO Oliver Zipse.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Department of Energy has purchased an F3DM to take the battery apart. BYD currently exports gasoline-powered cars to Africa, South America, and the Middle East, but they compete on price, not quality. Skeptics say that BYDs battery cannot be both more powerful and cheaper than those made by competitors, and the U.S.
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