The German government has postponed its goal of getting one million electric and hybrid vehicles on the road by 2020. Their new goal is 2022.
Toyota has picked the region of Silesia in southern Poland as the site for a new car factory. As Europe turns its back on diesel cars, the rush is on for electric and hybrid cars and Poland wants to be in on the action.
Ford Motor has announced it will significantly increase its investment in the development of fully electric and hybrid vehicles. The carmaker's strategy shift has been in the making for over six months.
German Economy Minister Peter Altmaier has said he doesn't understand why domestic carmakers have been so slow to invest in the development and production of electric cars. He called it a big strategic mistake.
Having taken almost 10 percent stake in Daimler, Geely directors plan to hold talks with German officials, sources say. The purchase is the latest in a long line of investments by Chinese firms in European companies.
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