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?
(Score: 0) by Anonymous Coward on Saturday November 10 2018, @02:57AM
I expect an electric pickup traveling steadily down a highway is going to use about 30 kw.
5 hours to go 300 miles = about 150 kwHrs.
Price per kwHr is about 10 cents, So $15 to refill. Cheaper than gas.