VW: Bet Everything On Electric
February 6th, 2019Via: Reuters:
If Volkswagen realizes its ambition of becoming the global leader in electric cars, it will be thanks to a radical and risky bet born out of the biggest calamity in its history.
The German giant has staked its future, to the tune of 80 billion euros ($91 billion), on being able to profitably mass-produce electric vehicles – a feat no carmaker has come close to achieving.
So far mainstream automakers’ electric plans have had one main goal: to protect profits gleaned from high-margin conventional cars by adding enough zero-emission vehicles to their fleet to meet clean-air rules.
Customers have meanwhile largely shunned electric vehicles because they are too expensive, can be inconvenient to charge and lack range.
It’s a shame electric vehicles are going to be rammed down our throats:
https://www.ericpetersautos.com/2019/01/30/the-70-million-investment/
https://www.ericpetersautos.com/2019/02/01/going-galt-on-wheels/
Way back, VW had an experimental vehicle that ran on pure rapeseed oil. It only sat one, was super lightweight, had large circumference hard and narrow wheels and the tests were done on a track, but it was getting high 100s of km/l. Got me very excited about one day growing my own fuel.