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Volkswagen to Invest $27M Over 5 Years in EV Production

9h zacks
Volkswagen AG (VLKAY - Free Report) will pump in €22.8 billion ($26.9 billion) for the development of its main car brand over a period of five years. This announcement follows the recently reported investment of €2.4 billion ($2.8 billion) by its commercial-vehicle division, MAN, in its revamp production facilities (Read more: Volkswagen's MAN to Invest $2.8B in Plant Upgrade). Of the total, €14 billion will be utilized on the automaker’s German plants. (18-0)

Volkswagen’s $40 Billion Offensive

2017-11-18 247wallst
Volkswagen’s dictionary of terms used by management includes a word that most other car manufacturing executives don’t use. The German giant is about to go on the “offensive” as it elbows into the electric and self-driving car businesses. VW’s intentions are particularly aggressive based on the sums it is willing to put into it efforts. (3-0)

VW Earmarks $40 Billion for Self-Driving, Electric-Vehicle Push - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Porsche Might Add a Battery Pack to Its Fastest 911 - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

Volkswagen pledges $40 billion for self-driving and electric vehicle push

2017-11-17 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (1-0)

Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (4-0)

Toyota to sell electric vehicles in China from 2020 and may develop battery-powered autos with local partners

2017-11-17 japantimes.co.jp
BEIJING – Starting in 2020 Toyota Motor Corp. plans to introduce electric vehicles in China, and the carmaker is also considering selling battery-powered autos developed by its local partners under the Japanese brand. (25-0)

Tesla unveils electric big-rig truck, sporty Roadster

2017-11-17 channelnewsasia
HAWTHORNE, Calif.: Tesla Inc on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company's future depends. (5-0)

Tesla unveils electric big-rig truck in midst of Model 3 factory 'hell'

2017-11-17 channelnewsasia
Tesla Inc on Thursday unveiled a prototype electric big-rig truck, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company's future depends. (5-0)

UPDATE 1-Tesla to unveil electric big-rig truck in midst of Model 3 factory 'hell'

2017-11-16 reuters
SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) on Thursday will unveil a prototype electric big-rig truck, which may be able to drive itself, throwing the company into a new market even as it struggles to roll out an affordable sedan central to the company’s future. (4-0)

Volkswagen invests $15B with Chinese partners in electric-vehicle push

2017-11-16 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (6-0)

Nothing Trump Does Can Save Coal - Bloomberg

2017-11-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (7-0)

Volkswagen heats up battle in China’s green vehicles market with US$12b investment

2017-11-16 scmp
Volkswagen AG will invest more than €10 billion (US$12 billion) with its joint venture partners in building and developing new-energy vehicles in China over the next eight years, the latest sign that competition for green cars in the world’s largest auto market will escalate. (3-0)

Volkswagen plans $12 billion electric-car blitz in China - MarketWatch

2017-11-16 marketwatch
Car maker and its local joint-venture partners intend to release five models a year through 2025 (1-0)

Volkswagen Plans $12 Billion Electric-Car Blitz in China - WSJ

2017-11-16 wsj
GUANGZHOU, China—Volkswagen AG and its Chinese partners will jointly invest nearly $12 billion by 2025 in developing electric cars for the local market, VW’s China chief executive said. (1-0)