VW Confirms 3 New EVs For 2018, SEDRIC Concept To Enter Production
14 Marcha, 2018, 04:10 | Author: Arnold Perez
Volkswagen said Tuesday it has committed to spending billions of dollars on electric auto batteries, as the German automobile giant plans to aggressively boost production globally. "This is how we intend to offer the largest fleet of electric vehicles in the world, across all brands and regions, in just a few years".
The German automaker will work with LG Chem, Samsung and Chinese battery maker Contemporary Amperex Technology Co Ltd, and now has no plans to start producing battery packs by itself, Reuters reports.
Critically, the German automaker has already secured battery supply contracts for vehicles that will be sold in Europe and China, with contracts worth Euro 20 billion (~$25 billion USD).
Shares of Volkswagen fell 2% to 38.88 in afternoon trade on the stock market today. VW Group says this is just to line up batteries for vehicles to be built in Europe and China; a decision about a supplier for North American production "will be [made] shortly", it said in a press release.
Pressure has intensified on Volkswagen to overhaul its lineup.
Volkswagen announced Tuesday that it had secured about $25 billion in battery supplies and technology, a sum it plans to scale up to about $60 billion as it looks to expand electric vehicle manufacturing.
Audi's E-Tron SUV will lead the next-generation rollout by launching later this year as a production auto - and is in a race with Jaguar to launch the first European BEV in the segment. Volkswagen reaffirmed its backing for the technology with Mueller calling it "part of the solution", even as Toyota Motor Corp. pulls diesel cars from its lineup in Europe, the main market for the vehicles.
He also confirmed every single one of the Group's 300 models would have an electric variant by 2030, though in many cases this would be just a plug-in hybrid.
A newly unveiled concept auto promises a self-driving EV with a 400-mile range, joining VW's I.D. family of electrified vehicles. Producing the powerpacks itself is not in the cards. "Others can do it better than we can".
Until its "dieselgate" emissions scandal was revealed two and a half years ago, Europe's largest automaker had been slow to embrace electric cars. Development spending declined 3.9 percent to 13.1 billion euros in 2017, equivalent to 6.7 percent of sales. Capex/sales revenue was also lowered significantly to 6.4% from 6.9%.
Managing the technology shift requires an intense focus on maintaining profitability from Volkswagen's current lineup.
"Naturally, we are looking to continue our operating business success in 2018", said Mueller.
Although there was no claim of responsibility, Palestinian officials accused Gaza militants of trying to assassinate Hamdallah. However, against the backdrop of an economic crisis in Gaza , Hamas has handed back control of its border crossings to the PA.
Bakhtawer added that casualty figures were uncertain because intense fighting was continuing at and near the site. Over the weekend, a Taliban attack killed seven army commandos and eight policemen in Bala Buluk district.
Schumer, who ranked No. 5 on Forbes magazine's 2017 list of highest-earning comedians, has not commented further on social media. Schumer was referring to Amy Fisher , who shot her lover Joey Buttafuoco's wife, Mary Jo, in 1992 in Massapequa, NY.
Baltimore safety Eric Weddle ripped the move, and pointed out how Bradford continues to get paid for essentially doing nothing. The eighth is expected to be Cousins, who will get into town Wednesday night to visit the Vikings' new Eagan headquarters.
Beyond the tax break, Tillerson's deal when he entered office wound up helping the former CEO avoid ExxonMobil's lagging stock . Oil rose sparking a dollar fall and concern that a deal on Iran's nuclear programme could collapse from the latest development.
While it might be over-dramatic to suggest Rashford's growth has been stunted, signing the Chilean has certainly had an impact. Across the Premier League and in Europe he has been on the pitch for nearly 1,700 minutes.
The cast had participated in a table read of all six episodes before filming kicked off and it was, shall we say, eventful. Several HBO executives discussed the final season of the hit television series at the INTV Conference in Israel.
Van Dijk eventually moved to Liverpool in January for 75 million pounds ($104.24 million), according to British media reports. Southampton is set to turn to an experienced Premier League manager to save them from sleepwalking into relegation.
At a news conference that day, another player was asked who would have won the match between the sisters. According to BBC, more than 10,000 fans gathered into the arena to watch the Williams sisters .
But the uncertainty still lingers over plans for the first-ever meeting of a serving U.S. president and a North Korean leader. But Deputy White House spokesman Raj Shah said on Sunday that no additional conditions are being stipulated.
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