Volkswagen assigns 20 billion euros in battery orders, speeds EV push

Volkswagen to launch one new electric car every month globally from next year

Volkswagen to launch one new electric car every month globally from next year

The chief executive of the world's largest carmaker Volkswagen said Tuesday he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale.

But the fraud has prompted a strategic shift, while advances in batteries and a global fight against pollution are raising pressure on carmakers to adopt zero-emission alternatives.

VW has said it plans to launch 80 new electric cars across the group by 2025 and offer an electric version of each of its 300 group models by 2030.

National Geographic addresses 'appalling' racist past
Susan Goldberg, the editor, has written a letter for the April issue entitled "For Decades, Our Coverage Was Racist. She wrote that her background makes her "a member of two groups that also once faced discrimination here".

Volkswagen (VW) a year ago started looking for partners in China, Europe and North America to provide battery technology worth more than 50 billion euros. That being said, uncertainty surrounds that part of the ruling, leading to BMW's decision to start the return promise, a move which BMW hopes will "strengthen the trust of its customers with the possibility of flexible vehicle switching". VW's emissions scandal, new Chinese quotas for electric cars and tightening rules on carbon dioxide (CO2) emissions in Europe are causing automakers to focus on green cars and self-driving technology. But he said the company would invest 34 billion euros by 2022 on autonomous and electric technology and on developing digital transportation services.

Volkswagen Group's record earnings drove up Chief Executive Matthias Mueller's salary package by about 40 percent previous year, to 10.14 million euros ($12.47 million) in pay and benefits, the carmaker said on Tuesday.

Noticias recomendadas

  • Brokers Set Expectations for Ecolab Inc.'s Q3 2018 Earnings (NYSE:ECL)

    Energy Opportunities Capital Management Llc holds 2.34% of its portfolio in Oceaneering International, Inc. for 136,945 shares. First Manhattan has invested 0% in Ecolab Inc. (NYSE:ECL) earned "Overweight" rating by Piper Jaffray on Tuesday, November 3.
    Mayoría de peruanos pide destitución de Kuczynski

    Mayoría de peruanos pide destitución de Kuczynski

    Al respecto, el diario La República afirmó que hasta 15 legisladores de FP están en contra de la vacancia . La oposición necesita 87 votos de 130 congresistas para lograr su cometido y destituir a Kuczynski .

    Traders Sell Sempra Energy (SRE) on Strength (SRE)

    It is positive, as 28 investors sold SRE shares while 168 reduced holdings. 62 funds opened positions while 172 raised stakes. The utilities provider reported $1.54 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.40 by $0.14.
  • Seahawks to release DeShawn Shead, hope to re-sign him

    Seahawks to release DeShawn Shead, hope to re-sign him

    Shead's agent, Cameron Foster, told ESPN that the National Football League recently informed the Seahawks that Shead's contract was going to toll.
    Lista la cartelera del Foro de las Estrellas

    Lista la cartelera del Foro de las Estrellas

    Finalizó al decir que el reto es hacer una celebración 100% familiar, que rescate las tradiciones y con diversión responsable. Ahí tendrá lugar la primera presentación artística con La Arrolladora Banda Limón.

    Trueblue (NYSE:TBI) Getting Somewhat Favorable Media Coverage, Analysis Shows

    Schroder Investment Management Group acquired a new position in shares of Trueblue during the fourth quarter worth about $149,000. TRADEMARK VIOLATION WARNING: This piece was first posted by registrarjournal.com and is the property of of registrarjournal.com.
  • Pollution levels prompt air quality advisories in Saskatoon, Regina

    Pollution levels prompt air quality advisories in Saskatoon, Regina

    At-risk people, including those with heart and lung conditions, should reduce or reschedule strenuous outdoor activities. Visit www.airhealth.ca for more information on how to protect against poor air quality.
    Emma Watson rumoured to be dating 'Glee' star Chord Overstreet

    Emma Watson rumoured to be dating 'Glee' star Chord Overstreet

    Another insider said recently: "It's insane but, yes, they are seeing each other, although Emma wants to keep things quiet and private".
    NEM Hack Victims to be Compensated by Coincheck Next Week

    NEM Hack Victims to be Compensated by Coincheck Next Week

    Compensation will be paid in Japanese yen , at the rate of around 88.5 yen (around $0.83) to one NEM coin. The perceived lack of security measures also sparked the FSA's probe into the company's system.
  • L&G buys remaining stake in housebuilder

    L&G buys remaining stake in housebuilder

    Legal & General is delighted to assume full ownership of Cala Homes, a growing business which we know and understand well. Cala's ownership was split between L&G and Patron in 2013, with its management team holding a small stake in the company.
    Putin ordenó derribar avión en 2014

    Putin ordenó derribar avión en 2014

    A Putin le informaron que de acuerdo con los pilotos, el terrorista llevaba una bomba y tenía la intención de atentar en Sochi.
    Del Potro sigue de dulce también en Indian Wells

    Del Potro sigue de dulce también en Indian Wells

    El argentino vive, a sus 29 años, un gran momento en su carrera y es uno de los favoritos a quedarse con este torneo. Mandando misiles desde la línea de fondo se llevó el primer parcial por 6-2.

Nos complace brindar esta oportunidad para compartir información, experiencias y observaciones sobre lo que está en las noticias.
Algunos de los comentarios se pueden reimprimir en otras partes del sitio o en el periódico.
Gracias por tomarse el tiempo para ofrecer sus pensamientos.