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VW Boosts Electric-Car Target by 50% With Budget, China Models

Climate investments to offset CO2 emissions for I.D. assembly VW brand is investing $10 billion to develop electric cars Volkswagen AG plans to widen its electric-car offering in coming years with additional models for China and a budget car costing around 20,000 euros ($22,500), as it puts pressure on Tesla Inc. to keep pace. Rolling […]

Fuel price hike results in increased sale of e-vehicles