Charging ahead: VW follows Tesla into power business

2020 Volkswagen ID Neo spy shotsFor car companies to sell electric cars, they have to get into the power business. That seems to be Volkswagen's conclusion in announcing a new business to set up electric-car chargers around Europe, and sell clean energy and battery storage to homes. Volkswagen plans to set up a new brand called Elli—for "electric life"—to sell...