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VW Plans to Sell Electric Tesla Rival for Less than $23,000

posted by martyb on Friday November 09 2018, @05:10PM   Printer-friendly
from the elektrowagen dept.

Phoenix666 writes:

Reuters:

Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make Tesla (TSLA.O) rivals, a source familiar with the plans said.

VW and other carmakers are struggling to adapt quickly enough to stringent rules introduced after the carmaker was found to have cheated diesel emissions tests, with its chief executive Herbert Diess warning last month that Germany's auto industry faces extinction.

Plans for VW's electric car, known as "MEB entry" and with a production volume of 200,000 vehicles, are due to be discussed at a supervisory board meeting on Nov. 16, the source said.

Fallout from cheating on diesel emissions tests continues. If German automakers, of which VW is the largest, switch to electric vehicles (EVs), will other car companies have to follow suit?

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  • (Score: 3, Insightful) by deimtee on Saturday November 10 2018, @11:06AM (2 children)

    by deimtee (3272) on Saturday November 10 2018, @11:06AM (#760297) Journal

    Yep. Not really arguing with unfair support at the moment. But I think that the trends are that pretty soon it would have happened anyway without forced incentives. Maybe not as fast, but it would still have happened.

    I think we will soon have .Gov propping up power companies, and probably legislating to stop people going off grid. 'Support for Infrastructure Bill' or something similar that requires you to stay connected to the grid and pay the fees. And the fees will keep rising.

    Interestingly, here in AU, technically the way the law governing utilities was originally written, the power company can come in and put a meter on your own generator and charge you for the power you generate. They did not expect that people would ever generate their own power.
    They never have yet because the backlash would be huuuuge, but I can easily see them claiming you are not allowed to disconnect.

    --
    If you cough while drinking cheap red wine it really cleans out your sinuses.
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  • (Score: 2) by legont on Sunday November 11 2018, @12:09AM (1 child)

    by legont (4179) on Sunday November 11 2018, @12:09AM (#760525)

    They - power companies - have a point, I think, and our ancestors thought about it carefully.

    --
    "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.

    • (Score: 2) by deimtee on Sunday November 11 2018, @12:04PM

      by deimtee (3272) on Sunday November 11 2018, @12:04PM (#760625) Journal

      I don't understand your comment here. What point and which ancestors?

      --
      If you cough while drinking cheap red wine it really cleans out your sinuses.