In 2018 alone, the company is set to add nine new vehicles to its portfolio, which now boasts eight e-cars and plug-in hybrids. The German automaker is likely to equip 16 more firms in manufacturing electric cars by 2022 in addition to the existing three automotive manufacturers it has under its umbrella.
"Over the last few months, we have pulled out all the stops to implement "Roadmap E" with the necessary speed and determination", Muller said in a statement, referring to Volkswagen's electrification plan.
Brazilian human rights activist Marielle Franco assassinated
The AP reports two men fired nine shots into a vehicle carrying Franco and driver Anderson Pedro Gomes, who were both killed . An emergency decree was put into place to combat rising crime as the military took over Rio de Janeiro's security.
Volkswagen shares are trading higher Tuesday, as the German auto maker announced plans to expand its electric vehicle production levels.
Today, the company revealed that it will increase its electric vehicle production capabilities by opening 16 new factories across the world by 2022. Its goal is to sell 3,000,000 electric cars a year by 2025. This was announced by Matthias Müller, CEO of Volkswagen AG, at the Group's Annual Media Conference in Berlin. The company will shortly launch it mass-market Model 3.
VW brand will launch its first new-generation EV, the I.D. hatchback, in 2020 followed at short intervals by other I.D. models including the I.D. Crozz SUV and I.D. Buzz minivan.
However, the company chief clarified that there would be no change in the production of vehicles running on conventional drive systems.
In 2015, Volkswagen was caught rigging cars to cheat on United States diesel emissions tests and paid more than 20 billion euro (£17.8 billion) in fines and legal settlements. "We are putting nearly Euro 20 billion into our conventional vehicle and drive portfolio in 2018, with a total of more than Euro 90 billion scheduled over the next five years", he added.
At the same time, however, the Wolfsburg-based group will pump more than 90 billion euros into traditional diesel, petrol and natural gas motors, with a new generation of internal combustion engines set for release next year. While Tesla spent $17.5 billion total in 2017 on battery materials, this one move easily eclipses Tesla's move and they have yet to even make a similar purchase agreement for North America.
Tesla is assuredly anxious at the moves Volkswagen is making as this will of course help drive cobalt prices globally and on a broader scale signals just how serious the Volkswagen group has become about electric vehicles.
In addition, the party also has the support of three independents, including Kunda MLA Raghuraj Pratap Singh alias Raja Bhaiyya. The nominations were scrutinised on March 13 and the papers filed by the BJD candidates were found to be valid.
T-Mobile is rolling out an early update to the Samsung Galaxy S9 and S9 Plus, two days ahead of the phones' official release date. This appears to be a step in the right direction, though, and should lead to a little more convenience for clumsy Galaxy fans.
A manhunt ensued to find the suspect, with officers using drones in Pike County and helicopters in Floyd County to help search. Officers spoke with the occupants of a vehicle and assessed the area around a nearby residence for possible subjects on foot.
He is making a cautious return to the ATP Tour after stopping his 2017 season following Wimbledon due to a right elbow injury. Indications that he was in good touch came in the second game of the match when he sealed a break to go 2-0 ahead.
Leonard , the 2014 Finals MVP and two-time Defensive Player of the Year, was first revealed to be injured in training camp. If everything goes to plan, we should see Kawhi Leonard back on the court this week for the first time since January 13.
Temperatures on the face of it will probably be just around freezing, but with the wind, it's going to feel well below freezing". It comes after a week of cold weather chaos last month when the original Beast from the East and Storm Emma ravaged the UK.
WBAL's parent company, Hearst, is a minority owner of ESPN, Inc . "I feel like I'm at home", Crabtree said. The 49ers parted ways with Crabtree following the 2014 season, and he signed on with the Oakland Raiders .
While much of it is believed to pass through the digestive system, it's suspected smaller particles may get lodged in the gut. Therefore, they undergo more purification processes and are also not affected by the plastic recipients.
Teddy Bridgewater Signs One-Year Deal With The New York Jets
He's been on the practice squad of four NFL teams since he entered the league as an undrafted free agent with the Vikings in 2016. ESPN's Adam Schefter first reported the two sides closed on an agreement and NFL Network broke the news on the value of the deal.
Tariffs lift hopes for jobs in United States mill towns
Trade Representative, is in charge of negotiating with countries appealing for exclusions; Ross is handling product exemptions. Vice President Jusuf Kalla said the country had the option of retaliating against imports of US soybeans, wheat and aircraft.
Question answered: 49ers trade Kilgore to Dolphins
Pouncey, 28, was signed through the 2020 season as part of a five-year extension he signed with the team in 2015. The 31-year-old sat out the final two contests of the 2017 season with an ankle injury.
When will the sales of Toys 'R' Us locations begin?
The company filed for bankruptcy protection in September and since then lackluster holiday sales and heavy debt has taken a toll. He added that he is also looking into buying as many as 400 USA stores, which he would seek to operate under the Toys R Us name.
United Nations gets $100M for Palestinians but still short
Qatari representatives made the announcement at a Thursday meeting of UNRWA officials in Rome, according to the Qatar News Agency. Participants in Rome meeting to help fund the Palestinian refugee agency, but combined aid pledge falls $350m short.
At least 18 Pets Died On United Flights Last Year
United said Tuesday that it took full responsibility for the incident on the Monday night flight from Houston to NY . Of the 24 animals which died in the care of USA airlines previous year 18 were handled by United, the report said.
Google to pull the plug on all cryptocurrency ads
This means that the $233 million (USD) invested in these cryptocurrencies has led to no returns for investors. Once news of Google's new policy began making the rounds, cryptocurrency markets didn't react very favorably.