Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

Volkswagen Bets on Electric Cars After Dieselgate

Volkswagen Bets on Electric Cars After Dieselgate

Volkswagen will invest 10 billion euros ($11.2 billion) in electric vehicles, ride-hailing and automated driving. Calling this “the biggest change in process in the company's history," the German carmaker hopes electric cars would make up 20-25 percent of its annual car sales by 2025.

The Volkswagen BUDD-e Concept has a vast range of cutting edge technologies and features. The small, crossover-like van—which will almost certainly never be built—is intended to showcase the brand's upcoming electric vehicle plans.

The development comes amidst hundreds of court cases against Volkswagen for systematically cheating on emissions tests of its diesel cars. A court deadline to finalize the terms of the settlement was extended to June 28. “There is a lot more to Volkswagen than diesel,” CEO Matthias Müller told reporters.

For a deeper dive: BloombergWall Street JournalLA Times, Forbes, BBCReutersNew York Times

For more climate change and clean energy news, you can follow Climate Nexus on Twitter and Facebook, and sign up for daily Hot News.

YOU MIGHT ALSO LIKE

Here’s How We Get to 100% Renewable Energy

Will Norway Ban Sales of Gas-Powered Cars by 2025?

1 Million+ Electric Cars Are Now on the World’s Roads

BMW South Africa Unveils Solar Carport to Charge Electric Vehicles

A Marathon Oil refinery in Melvindale, Michigan on June 9, 2020. The Federal Reserve bought $3 million in the company's bonds before they were downgraded, bringing taxpayers' total stake to $7 million. FracTracker Alliance

A new report shows the U.S. government bought more than $350 million in bonds issued by oil and gas companies and induced investors to loan the industry tens of billions more at artificially low rates since the coronavirus pandemic began, Bloomberg reported.

Read More Show Less

EcoWatch Daily Newsletter

A September 17 report by the Rhodium Group calculates that 1.8 billion tons more greenhouse gases will be released over the next 15 years as a result of climate change rollbacks the Trump administration has achieved so far. Pete Linforth / Pixabay / CC0

By Karen Charman

When President Donald Trump visited California on September 14 and dismissed the state Secretary of Natural Resources Wade Crowfoot's plea to recognize the role of climate change in the midst of the Golden State's worst and most dangerous recorded fire season to date, he gaslighted the tens of millions of West Coast residents suffering through the ordeal.

Read More Show Less

Trending

President Donald Trump delivers the State of the Union address in the chamber of the U.S. House of Representatives on February 04, 2020 in Washington, DC. Mark Wilson / Getty Images

By Jan Ellen Spiegel

It wasn't so long ago that the issue of climate change was poised to play a huge – possibly even a decisive – role in the 2020 election, especially in the race for control of the U.S. Senate. Many people supporting Democratic candidates saw a possible Democratic majority as a hedge against a potential Trump re-election … a way to plug the firehose spray of more than 100 environmental regulation rollbacks and new anti-climate initiatives by the administration over its first term.

Read More Show Less
Native American girls from the Omaha tribe attending the Carlisle School in Pennsylvania, the first government-run boarding school for Native American children. © CORBIS / Corbis / Getty Images

Two lawmakers introduced a bill Tuesday addressing previous actions the U.S. government inflicted upon Native Americans.

The bill, authored by Rep. Deb Haaland from New Mexico and Sen. Elizabeth Warren from Massachusetts, specifically addresses the "intergenerational trauma" caused by policies that tore Native American children away from their families and sent them to boarding schools to be educated in white culture, HuffPost reported.

Read More Show Less
Fall is with us and winter is around the corner, so the season for colds and flu has begun — joining COVID-19. monstArrr / Getty Images

By Gudrun Heise

Just as scientists are scoring successes in coronavirus research, new problems are on their way. Fall is with us and winter is around the corner, so the season for colds and flu has begun — joining COVID-19.

Read More Show Less

Support Ecowatch