29 May '16, 10pm

Volkswagen Plans $11 Billion Battery Factory

Humiliated by its diesel emissions cheating scandal and facing billions of dollars in fines, penalties, and civil liability claims, Volkswagen has had an epiphany. Where once it thought turbodiesel engines would propel it to the top of the heap among the world’s automakers, it now has decided battery electric and plug-in hybrid cars are the one true path to salvation.

Full article: http://gas2.org/2016/05/29/volkswagen-plans-11-billion-ba...

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