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

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: 2) by ElizabethGreene on Saturday November 10 2018, @10:37PM

    by ElizabethGreene (6748) Subscriber Badge on Saturday November 10 2018, @10:37PM (#760505) Journal

    The market opportunity is to find a way to economically refurbish EV Batteries. Someone is going to make a lot of money doing this. It will certainly be cheaper than mining more raw materials to make one.

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