Jack Ewing – Page 19

Volkswagen Aims to Use Its Size to Head Off Tesla

The German carmaker outlined ambitious goals to build battery factories as it ties its fate to electric cars.

It plans to convert its entire lineup to battery power by 2030, phasing out internal combustion engine vehicles faster than other automakers.

As automakers promise to get rid of internal combustion engines, Heidelberg is trying to get rid of autos.

Daimler reported unexpectedly strong profits, underlining a rebound by traditional carmakers despite the pandemic.

Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.

Shareholders of the two companies voted to join forces in an effort to cope with a major technology shift and plummeting sales.

As Tesla completes a factory in Berlin, Mercedes-Benz and Audi are introducing electric cars in bids to defend their dominance of the luxury market.