Volkswagen plans to spend $25 Billion per year for the next four years on EV technology in an effort to catch up with Tesla.
https://apple.news/A_FWGIzWERViQZQcfzA8cCQ
Volkswagen sold about 572,000 all-electric vehicles around the globe in 2022, up about 26% compared with 2021. That was enough to make the company the fourth largest EV seller on the planet.
Tesla (TSLA) sold 1.3 million EVs in 2022. China’s BYD (1211.Hong Kong) sold 911,140 all-electric vehicles in 2022. China’s SAIC sold roughly 674,000 EVs in 2022, but about 400,000 of those were mini-cars built with General Motors (GM).
https://apple.news/A_FWGIzWERViQZQcfzA8cCQ
Volkswagen sold about 572,000 all-electric vehicles around the globe in 2022, up about 26% compared with 2021. That was enough to make the company the fourth largest EV seller on the planet.
Tesla (TSLA) sold 1.3 million EVs in 2022. China’s BYD (1211.Hong Kong) sold 911,140 all-electric vehicles in 2022. China’s SAIC sold roughly 674,000 EVs in 2022, but about 400,000 of those were mini-cars built with General Motors (GM).