VW Cutting Models, Powertrain Combos To Accelerate EV Investment

By Christopher Smith The automaker wants “around 20” electric cars on the road by 2025.

Volkswagen is the latest manufacturer to announce an “acceleration” to previously established restructuring plans. In this case, the automaker isn’t talking about layoffs, at least not yet. Instead, VW plans to drastically reduce powertrain configurations for the European market. …read more

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