AutomotiveIn World

ID.2 ALL - a compact and low-cost electric car by Volkswagen

Volkswagen has announced its ambition to dominate the sub-£22,000 electric car market by revealing a new concept car named ID. 2all. The model is set to be produced in 2025 and is part of a series of 10 new electric cars planned for launch by 2026. If Volkswagen can offer the car at its anticipated price, it is likely to be very popular. The ID. 2all was showcased at a special event in Hannover…
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AutomotiveIn World

Tesla nearly doubled its revenue

Tesla built 305,000 vehicles in the first quarter of this year, delivered 310,000 of them, and opened two new factories — in Berlin and Austin — all while CEO Elon Musk sought a highly publicized hostile takeover of Twitter. Tesla’s recent factory investments, as well as efforts to shore up its battery component supply chain, are part of the company’s localization strategy, which…
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