Volkswagen Challenges Tesla With New Release In The Electric Car Industry

Written by Valdemar Medeiros

Published on 18/01/2021 at 13:06

Modelo de Carro elétrico da VW

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Volkswagen Audi Models Challenge Tesla’s Electric Cars in the Automotive Industry

It seems that the Volkswagen Group is really rolling up its sleeves in the race to catch up with Tesla in the electric car industry. The company’s response will come with Audi badges, chosen to compete with Tesla’s luxury models.

Tesla Excels with Its Electric Car Launches

VW has already launched the E-tron SUV in two body configurations and is preparing to showcase the e-tron GT, its first sports sedan in the electric car market. The GT is a sort of “cousin” of the Porsche Taycan, but with adaptations to Audi’s lineup, and production began in 2020.

Cost Reduction at Volkswagen

In an interview, the CEO of Volkswagen stated that further cost reductions and a faster restructuring of the German industrial giant are vital to confront new rivals with greater financial firepower.

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VW Group Invests € 73 Billion to Challenge Tesla

According to an official statement, the “Volkswagen Group is advancing with its transformation into a digital mobility company. As decided in Planning Round 69, the Group will spend around € 73 billion on electrification, hybrid drivetrains, and digital technology over the next five years.

The announcement came after a Supervisory Board meeting. Investments in Capex and R&D for future technologies will increase to 50% from 40% of the Group’s total investments of around € 150 billion.

Investments in digitalization will double to € 27 billion by mid-decade, reflecting the Group’s strong focus on building software capabilities. Approximately € 35 billion will be spent on battery electric vehicles. Another € 11 billion has been allocated for the development of hybrid vehicles based on existing models.”

Volkswagen Challenges Tesla With New Release In The Electric Car Industry

Volkswagen Audi Models Challenge Tesla’s Electric Cars in the Automotive Industry

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VW Group Invests € 73 Billion to Challenge Tesla

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Volkswagen Challenges Tesla With New Release In The Electric Car Industry

Volkswagen Audi Models Challenge Tesla’s Electric Cars in the Automotive Industry

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Tesla Excels with Its Electric Car Launches

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VW Group Invests € 73 Billion to Challenge Tesla

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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David Camacho, the 10-year-old Mexican child prodigy with an IQ of 162, higher than Einstein’s, underwent astronaut training at NASA, speaks four languages, and created an app to help children deal with emotions after the bullying he experienced.

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