Showing posts with the label #China. #growth

EV News from VW & Tesla

VW Accelerating EV Production to Meet Growing Demand Source:  VW ID Crozz  Source:  Tesla Ahead of Electric Targets Volkswagen just announced it's way ahead of schedule in the production of electric vehicles.  In fact, it's two years ahead of its targeted numbers.  By the end of 2023, it will have produced 1 million electric vehicles.  It expects to have produced 1.5 million EVs by 2025.  These are important milestones for VW because the future of driving in the 2020's is accelerating toward EVs, These are vehicles that are all-electric with no emissions, green, clean and great for the global environment. Tesla and China Synergies Meanwhile, Tesla is reaching a landmark.  The first delivery of its China-made Model 3 EV will hit on December 30, 2019.  The turnaround time on these EVs is incredibly fast. In fact, it's a record for a global automaker in China. Construction started on Tesla's first plant outside of the US, in Shanghai, China in January