Volkswagen’s radical strategy: put everything on electricity

Volkswagen has set itself the goal of a possible profitable mass production of electric vehicles in the amount of 80 billion euros (91 billion us dollars) — a feat that no automaker has not even reached.

If Volkswagen realizes its ambitions to become a world leader in the field of electric vehicles, this will happen thanks to a radical and risky rate. The German giant placed a bet on 80 billion euros (91 billion us dollars) and the possibility of profitable mass production of electric vehicles — a feat that no automaker has achieved. So far, the plans of most major automakers have been one major goal: to protect profits from expensive cars with ice and to replenish their range and fleet with enough zero-emission vehicles to meet environmental standards. Continue reading →