Love, hate and electric cars

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Frankfurt Motor Show: Love, hate and electric cars

But here in Frankfurt, what used to be speculation is becoming reality. The launch of Volkswagen's ID.3 is being seen as a landmark moment. Not because it looks particularly flashy or exotic - it doesn't - but because this is the first purpose-built electric car the German giant has produced, the first fruit of a €30bn investment programme, designed to turn the company into a market leader in electric cars.

Now the VW Group is well positioned to hit the front in a race to produce electric cars which other manufacturers have had no choice but to join - although established players in the market for affordable EVs, such as Renault, Nissan and Kia, can be expected to fight for every sale. It's fair to say this is making some car firms a little nervous. One problem with electric cars at the moment, leaving aside arguments over issues such as charging points, is that they cost more to build than conventional cars. That means prices are higher, yet they are less profitable to sell. That may change as the market develops, with economies of scale coming into play, but at the moment it is an issue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hate

Brit ecom

Don't trust in corporate media but watch it and vote..the time has come...

Gasoline is over

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Love Island’s Amber Gill Has Just Become A Millionaire (Only Six Weeks After Winning The Show)LoveIsland’s AmberRoseGill Has Just Become A Millionaire (Only Six Weeks After Winning The Show) bonaldmcdonald candy_yeldham AmberRoseGill bonaldmcdonald Cool. 🌎🌸🌍
Source: GraziaUK - 🏆 15. / 78 Read more »

Casting director Anita Bitton discusses bringing lively London hedonism to New York fashion | LOVECasting director Anita Bitton's clients include MarcJacobs, MiuMiu, MattyBovan and RichardQuinn. Check out our interview with her for LOVE22 below.
Source: THELOVEMAGAZINE - 🏆 25. / 68 Read more »