Volkswagen Amps Up Electric Car Investment Goal To $40 Billion

The board of directors at Volkswagen has agreed on a plan to invest $40 billion in electric cars, autonomous technology, and mobility systems by 2022. That is a big step forward for the company, but can they pull it off?

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“Anything Tesla Can Do, We Can Surpass,” Says Volkswagen Chief

Volkswagen boss Herman Diess says anything Tesla can do, his company can do better. He says VW will be selling 1 million electric cars a year by 2025. Elon Musk says Tesla will be doing so by 2020. Buckle your seat belts.

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