ThunderBlade + 231 TB April 15, 2019 Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters.“Anything below that amount would make little sense,” Diess said.Volkswagen will buy 50 billion euros ($56.57 billion) worth of battery cells for electric cars and has identified South Korea’s SKI, LG Chem and Samsung SDI as strategic battery cell suppliers as well as China’s Contemporary Amperex Technology Co Ltd (CATL). The German automaker is retooling 16 factories to build electric vehicles and plans to start producing 33 different electric cars under the Skoda, Audi, VW and Seat brands by mid 2023. Quote Share this post Link to post Share on other sites
Pavel + 384 PP April 15, 2019 Batteries ... would be good investment if we knew what the next battery technology would be. Graphene or something else? Quote Share this post Link to post Share on other sites
50 shades of black + 254 April 15, 2019 In parallel: "Former VW boss charged over diesel emissions scandal" The public prosecutor in Braunschweig charged Martin Winterkorn and four other managers with fraud. VW said it would not comment on the indictments. https://www.bbc.com/news/47937141 Quote Share this post Link to post Share on other sites
pinto + 293 PZ April 15, 2019 1 minute ago, 50 shades of black said: In parallel: "Former VW boss charged over diesel emissions scandal" The public prosecutor in Braunschweig charged Martin Winterkorn and four other managers with fraud. VW said it would not comment on the indictments. https://www.bbc.com/news/47937141 About time... Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD April 15, 2019 The EV revolution is underway.... Quote Share this post Link to post Share on other sites
francoba + 93 fb April 15, 2019 " VW plans to launch more than 70 new EV models in the next 10 years, which equates to about a quarter of the vehicles VW will make and deliver by 2025." If VW delivers a Winning EV, $35-40K should be on their high “Lux” end. Quote Share this post Link to post Share on other sites
rainman + 263 April 15, 2019 I expect that EV Sales will not grow as quickly as Mr. Diess is going to build up VW’s production capacity. This will generate huge overcapacity and strong financial losses for VW. Quote Share this post Link to post Share on other sites
Bobby P + 88 PM April 15, 2019 I think manufacturer's should focus on making Hybrid options rather than going full EV. Quote Share this post Link to post Share on other sites
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