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By 2020, Ford wants 40 percent of its global lineup to be offered as a plug-in or hybrid variant. To reach this goal, Ford will be investing $4.5 billion and adding 13 electrified models to its lineup, calling the is the “largest-ever electrified vehicle investment in a five-year period” for the company. The new models […]

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In continued efforts to re-stabilize, Volkswagen AG is sharply cutting capital expenditures and non-essential projects, shifting extra funds to help support electric drive development. “We will continue to act with determination to overcome the crisis with good solutions for our customers and also in investigating this issue with dedication,” said Matthias Müller, CEO of Volkswagen […]

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Kia Motors announced plans to have a hydrogen fuel cell vehicle ready for mass production in 2020. With the help of 300 partner companies, Kia said it is currently working to develop its next-generation hydrogen fuel stack. This will power an upcoming fuel cell vehicle (FCV) with a targeted launch date in 2020 and initial […]

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Hyundai announced last week that it was launching a new luxury brand, and new reports say the company also plans to spin off another brand, this one dedicated to hybrid and electric powertrains. Hyundai expects to launch the brand in January, reported The Korea Herald. “Known by its tentative project name, ‘AE,’ the first model […]

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By around 2025, Audi said it’s expecting to offer electrified versions of its entire fleet. In addition, four new electrified models are currently planned under Audi’s e-tron designation – two plug-in hybrid (PHEV) and two battery electric vehicles (BEV).  The carmaker also said that within the next decade, all of its other models will be […]

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To meet its carbon emission requirements, Honda said it is embracing all of the major low- and zero-emission categories: hybrid, plug-in, battery electric and fuel cell. Honda wants to take “a portfolio approach to reducing CO2,” a representative with the company told us, by building models in each of the four segments. The Japanese carmakers […]

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Volkswagen AG is modifying its plan for smaller models – previously packed with diesel powertrains – saying it will move toward more electric and plug-in hybrid vehicles. The strategy was developed in a special meeting with the newly-formed Volkswagen Brand Board of Management, and announced this week by CEO Dr. Herbert Diess. “The Volkswagen brand […]

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Many of the challenges affecting the electric vehicle segment don’t seem to perturb Renault-Nissan CEO Carlos Ghosn. In an interview with Reuters’ Fred Katayama, Ghosn indicated that the company sets its EV strategy based on consumer need and emission regulations. Rising issues such as the Apple car rumor and fluctuating oil prices seem to have […]

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Audi has seen three of its vehicles recognized as being great value, helped by a mix of diesel and turbocharged powertrains. Owners of the Audi A7 helped name it the Best Model overall in the newly released 2014 Total Value Index (TVI) study, presented by Strategic Vision and ALG. The Audi A7 also topped the […]

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