Volkswagen Bets Big On Electric Cars, Plans 30 Models By 2025

An anonymous reader writes: German automaker Volkswagen plans to deliver 30 electric plug-in models by 2025. The new plan comes in the wake of a devastating emissions scandal that cast doubt on the future of its once-beloved diesel cars. It also exposes the immense challenges that the company will face internally. Volkswagen CEO Matthias Mueller suggested that Volkswagen Group, whose brands include Audi and Porsche, will “significantly” reduce the number of models it makes and will slash almost $9 billion in spending annually to bolster the bottom line.

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Source: Slashdot – Volkswagen Bets Big On Electric Cars, Plans 30 Models By 2025