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Volkswagen To Spend Over $40 Billion on Electric and Self-Driving Cars (reuters.com)

Posted by msmash on from the next-up dept.

Volkswagen plans to spend more than 34 billion euros ($40 billion) over the next five years on developing electric cars, autonomous driving and other new technologies, it said on Friday. "With the planning round now approved, we are laying the foundation for making Volkswagen the world's number one player in electric mobility by 2025," Chief Executive Matthias Mueller said in a statement.

2 of 99 comments (clear)

  1. Re:e-Golf is almost perfect by beelsebob · · Score: 4, Informative

    I have a 2015 eGolf - it has a remote that reports battery status (amongst other things).

    It is indeed an almost perfect car - my lease is about to expire, and I'm seriously considering another one despite its range being roughly half that of the Bolt.

  2. Cars of the future by Arzaboa · · Score: 3, Insightful

    Electric cars are quick, efficient and quiet. Imagine NYC if the sound of engines were taken away. Imagine a small 40,000 person community. Imagine the tangible differences; less smog, less noise. This is a great solution for people that live in urban areas. I think people will find the ease of use, the different feel of being so quiet, and how little maintenance has to be done so appealing that it is going to become irresistible to almost anyone buying a new car, relatively soon.

    --
    "Life is a journey. When we stop, things don't go right." - Pope Francis