The market for electric vehicles is growing. And VW wants to be prepared for that: According to German media reports Europe's biggest carmaker wants to build its own factory for batteries to power its future electric cars.
German carmakers risk falling behind when it comes to electric vehicle technology, chancellor candidate Martin Schulz has warned. The SPD leader said carmakers they can no longer afford to be "arrogant."
The premier of one of Germany's biggest states says he allowed Volkswagen to vet a 2015 speech about the automaker's emissions fraud. For nearly 60 years, VW has been given special status under the law in Lower Saxony.
Cooperation talks between the German car giant and the Indian market leader about joint development of a car for emerging markets have ended 'amicably' because the pair couldn't achieve planned cost savings.
After German chancellor candidate Martin Schulz called for a Europe-wide quota for electric cars, the debate among German politicians, the EU and carmakers has picked up steam. In China, such a quota already exists.
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