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Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s ongoing challenges have apparently reached critical mass with the company confirming that the Volkswagen brand has only a few years remaining to turn things around before it reaches the point of no return. Stunning admission comes as the company continues to navigate its way through challenging times.

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.

Is the EV World’s Holy Grail — the Solid-State Battery — Just Vaporware?

Is the EV World’s Holy Grail — the Solid-State Battery — Just Vaporware?

With EVs mandated to reach 50% of new U.S. vehicle sales in 2030 — and to replace internal combustion models by 2035 in the EU — the search is on for the battery technology that can win over consumers with longer range, lower costs and quicker charging speeds. But solid-state, the technology expected to replace today’s lithium-ion batteries, is so far failing to live up to its hype.