MILAN – – Volkswagen is bringing forward the development of a small electric car for the mass market in anticipation of tougher climate regulations, according to plans seen by Reuters, as it seeks to boost sales in a new green era.
Under the project dubbed ‘Small BEV’ (Battery Electric Vehicle)’, engineers are racing to develop a purely – battery powered car around the size of a Polo which will be available for between 20,000 and 25, 000 euros.
This would make it cheaper than Volkswagen’s ID.3 electric car, which went on sale in September.
Volkswagen did not provide details on what the vehicle might look like, when it might be launched or where it might be built.
The carmaker has said the European Union’s more stringent emissions targets will force it to boost the proportion of hybrid and electric vehicles in its European car sales to 60% by 2030, up from a previous target of 40%.
Earlier this month, it raised its planned investment on digital and electric vehicle technology to 73 billion euros ($86 billion) over the next five years, of which around 35 billion will be invested in e-mobility.
The VW brand currently plans to build 1.5 million electric cars by 2025.
BREAKING NEWS | Arab Coalition Thwarts Two Houthi Attacks
The Saudi – led coalition fighting against Yemen’s Houthi movement said it thwarted two attacks by the Houthis on Friday morning, including destroying an explosive – laden boat in the southern Red Sea, Saudi State TV said on Twitter. The coalition also intercepted and destroyed an explosive – laden drone launched by the Houthis toward … Continue reading BREAKING NEWS | Arab Coalition Thwarts Two Houthi Attacks
ARTS & CULTURE | Lebanon Return Two Stolen 18th – Century Religious Icons To Greece
ATHENS – – Lebanon handed back two 18th – century religious icons of Jesus and Mary to Greece on Tuesday after they were seized during an auction, a judicial sources said. The paintings were stole from an exhibition in Athens in 2016, and Greece put out an international notice calling for their return. Icons are … Continue reading ARTS & CULTURE | Lebanon Return Two Stolen 18th – Century Religious Icons To Greece
CORONAVIRUS | Saudi Arabia Reschedules COVID-19 Vaccinations Amid Pfizer Delay
RIYADH – – Saudi Arabia has rescheduled appointment for the administration of COVID-19 vaccine due Pfizer delivery delays, the Ministry of Health announced on Thursday in a tweet. Authorities said that those with appointments to receive their first dose will be rescheduled ‘due to the delay of the manufacturer in supplying the Kingdom and all … Continue reading CORONAVIRUS | Saudi Arabia Reschedules COVID-19 Vaccinations Amid Pfizer Delay
ENTERTAINMENT | Dubai Suspends Live Entertainment Permits As Covid-19 Cases Surge
MILAN – – Dubai has suspended live entertainment permits for hotels and restaurants amid a surge in COVID-19 cases according to an official circular issued by Dubai Tourism. ‘The Department observed, through field inspection, an increase in number violations during entertainment activities in hotels and restaurants. Accordingly. the Department directs all concerned in hotel establishments … Continue reading ENTERTAINMENT | Dubai Suspends Live Entertainment Permits As Covid-19 Cases Surge
BREAKING NEWS | Trump Pardons Ex – Aide Bannon But Not Himself Or Family
U.S. President Donald Trump granted clemency to former White House aide Steve Bannon as part of a wave of pardons and commutations issued in his final hours in office, but did not pardon himself, members of his family or lawyer Rudy Giuliani. Trump leaves office on Wednesday, when Joe Biden is sworn in as the … Continue reading BREAKING NEWS | Trump Pardons Ex – Aide Bannon But Not Himself Or Family
BREAKING NEWS | Saudi Crown Prince Receives Phone Call From French President Macron
RIYADH – – Saudi Arabia’s Crown Prince Mohammed bin Salman has received a phone call from French President Emmanuel Macron in which they discussed bilateral relations. ‘During the call, they reviewed relations between the two countries and opportunities for joint cooperation. Regional and international developments were discussed, and a number of issues of common interest … Continue reading BREAKING NEWS | Saudi Crown Prince Receives Phone Call From French President Macron
BREAKING NEWS | Saudi To Reopen Qatar Embassy In Coming Days – Saudi Minister
RIYADH – – Saudi Arabia expects to re-open its embassy in Qatar in the coming days, Saudi’s foreign minister said on Saturday, following a U.S.-backed détente last week in a three – year-old dispute between Arab states. It is just a matter a logistics, Saudi Arabia’s Foreign Minister Faisal bin Farhan told journalists in Riyadh … Continue reading BREAKING NEWS | Saudi To Reopen Qatar Embassy In Coming Days – Saudi Minister
SPORTS | Formula One Season Set To Start In Bahrain After Australian Grand Prix Postponement
MILAN – – The start of the Formula One season has been delayed after the Australian Grand Prix was postponed from March to November because of the COVID-19 pandemic.The Australian race in Melbourne has been rescheduled from March 21 to November 21. The Chinese GP has also been delayed but no new date has been … Continue reading SPORTS | Formula One Season Set To Start In Bahrain After Australian Grand Prix Postponement
BREAKING NEWS | Investments In Saudi Arabia’s Economy Will Reach Six Trillion Dollars: Crown Prince
AL ULA – – Saudi Arabia’s Crown Prince Mohammed bin Salman says major investment opportunities in Saudi Arabia will amount to six trillion dollars over the next ten years, including 3 trillion dollars in investments in new projects, within the framework of the opportunities provided by Vision 2030, reported Saudi Press Agency. Saudi Arabia’s Crown … Continue reading BREAKING NEWS | Investments In Saudi Arabia’s Economy Will Reach Six Trillion Dollars: Crown Prince
TRAVEL | Saudi Arabia Warns Citizens Against Travel To 12 Countries Without Approval Over Virus Fears
RIYADH – – Saudi Arabia warned on Wednesday its citizens against travel without prior approval to 12 countries where the coronavirus pandemic is still not under control.The Interior Ministry said the countries were Libya, Syria, Lebanon, Yemen, Iran, Turkey, Somalia, Armenia, Congo, Afghanistan, Venezuela and Belarus.It added that the same permission applies to other countries … Continue reading TRAVEL | Saudi Arabia Warns Citizens Against Travel To 12 Countries Without Approval Over Virus Fears
ROYALS | Oman Sultan’s Eldest Son Dhi Yazan To Succeed Him, Becoming First Crown Prince
RIYADH – – Oman’s Sultan Haitham will be succeeded by his eldest son Dhi Yazan, according to a new basic law published on Tuesday that creates a new position of crown prince and established succession from ruler to the eldest son. Sultan Haitham bin Tariq Al-Said has announced plans for the constitutional change on Monday, … Continue reading ROYALS | Oman Sultan’s Eldest Son Dhi Yazan To Succeed Him, Becoming First Crown Prince
SOCIAL MEDIA | YouTube Suspends Trump’s Channel After Violating Policy On Inciting Violence
Alphabet Inc.’s YouTube said on Tuesday it has suspended Donald Trump’s channel as it violated policies for inciting violence after last week’s assault on the U.S. Capitol by the president’s supporters. Online platforms and social media companies are distancing themselves from, and taking action against, those that encouraged or engaged in the violence in Washington, … Continue reading SOCIAL MEDIA | YouTube Suspends Trump’s Channel After Violating Policy On Inciting Violence
BREAKING NEWS | Saudi Crown Prince Congratulates Romanian PM, On Winning President, Parliament Confidence
RIYADH – – HRH Prince Mohammad bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, has sent a cable of congratulations to Prime Minister of Romanian Florin Citu on obtaining the confidence of the Romanian President as well as the parliament for the office of the prime minister. HRH … Continue reading BREAKING NEWS | Saudi Crown Prince Congratulates Romanian PM, On Winning President, Parliament Confidence
BREAKING NEWS | Saudi King Congratulates Romanian PM, on Winning President, Parliament Confidence
RIYADH — The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud sent a cable of congratulations to the Romanian Prime Minister Florin Citu, on obtaining the confidence of His Excellency Romanian President as well as the parliament for the office of the Prime Minister. In his cable, the King expressed sincere … Continue reading BREAKING NEWS | Saudi King Congratulates Romanian PM, on Winning President, Parliament Confidence
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