Range is the new horsepower and sustainability the new status symbol as electric cars move toward mass production. Coming soon: a vegan interior.
Formula E, which will finish its season in Brooklyn this month, is a laboratory for automakers to work on problems like range, charging time and excess heat.
Electric vehicles have only a tiny market share, but the auto industry is betting billions that they will soon be as cheap as conventional cars.
The proposals by the European Commission, the European Union’s executive arm, drew immediate complaints that officials had buckled to pressure from Germany.
The carmaker reported an increase in revenue, but said it still had work to do to overcome the damage caused by its diesel emissions cheating.
The country, a major auto producer, joined Norway and India in a growing movement toward the use of electric vehicles. But the transition will be gradual.
The automaker said that all of the models it introduces from 2019 will be either hybrids or powered solely by batteries.
The carmaker said it would increase the number of battery-powered cars it sells and cut spending on research and development, but it will find it tough to reduce its work force.
Automakers’ plans to use diesel to meet Europe’s tough carbon dioxide limits have been upended by Volkswagen’s admission that it cheated on emissions tests.
Automakers’ plans to use diesel to meet Europe’s tough carbon dioxide limits have been upended by Volkswagen’s admission that it cheated on emissions tests.