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.
Success Of Joint Emirati-Saudi Mediation Regarding Release And Exchange Of Prisoners Between United States And Russian Federation
PARIS, France – – In a joint statement, the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Ministry of Foreign Affairs in the Kingdom of Saudi Arabia, announced the success of the mediation led by His Highness President Sheikh Mohammed bin Zayed Al Nahyan, and His Royal Highness Prince Mohammed bin Salman […]
PARIS, France – Chinese leader Xi Jinping met on Thursday with Saudi Arabia’s king and crown prince while on a visit to the kingdom, solidifying ties with a region crucial to his country’s energy supplies as sanctions intensify on Russian over its war on Ukraine. Xi arrived at Al Yamama Palace in Riyadh and was […]
PARIS, France – The United Arab Emirates (UAE) president arrived in Qatar on Monday in the first such visit since Saudi Arabia and its Arab allies ended a boycott of Doha nearly two years ago. Sheikh Mohammed bin Zayed al – Nahyan, the UAE’s de facto ruler for years before becoming president in May, was […]
PARIS, France – U.S. President Joe Biden warned President Xi Jinping on Monday that the United States would enhance its security position in Asia if Beijing cannot rein in North Korea’s weapons programmes, and during a three-hour meeting, the two leaders also had strong words about Taiwan. Bident told a news conference after his first […]
PARIS, France – The children of Iran’s revolution are carrying out their own revolution, said French President Emmanuel Macron in an interview with French radio broadcast on Monday, as Iran holds seven French citizens in the country amid deteriorating ties between the two countries. France lashed out at Iran on Oct.6, accusing it of ”dictatorial […]
PARIS, France – At least one person was killed and 10 others were wounded on Monday after rockets hit the headquarters of an Iranian Kurdish party in the city of Koye, near the capital of Iraq’s autonomous Kurdish region Erbil, the mayor of Koye Tariq Haidari said. Iran’s semi-official Fars news said the country’s Revolutionary […]
PARIS, France – Leading Iranian actress Taraneh Alidoosti has posted a picture of herself on Instagram without a headscarf to express support for nationwide anti-government protests. Best-known for her role in ”The Salesman”, which won an Academy Award in 2017, the pro-reform artist held up a sign in the Instagram post that read ”Woman, Life, […]
PARIS, France – Pope Francis arrived in Bahrain on Thursday to start a four – day trip, the second by the pontiff to the Arabian Peninsula. The plane carrying the pope arrived in Sakir where he is due to meet King Hamad bin Isa Al Khalifa in the Sakhir Palace.
PARIS, France – Former Pakistan Prime Minister Imran Khan was wounded in the shin on Thursday when his convoy was shot at in the country’s east on Thursday, an aide said. A member of Khan’s Pakistan Tehreek-e-Insaf (PTI) party said several colleagues were also wounded amid reports one had been killed. ”A man opened fire […]
PARIS, France – – Saudi Arabian Airlines (Saudia) has signed an agreement with German air taxi developer Lilium to buy up to 100 of its aircraft for use on Saudia’s domestic network, the state carrier’s chief executive said on Wednesday. Saudia CEO Ibrahim Koshy said the planes would be ”a premium service” that carry four […]
PARIS, France – Qatar has faced unprecedented criticism since winning the bid to host the 2022 World Cup, some of which amounted to slander, its ruler, Emir Sheikh Tamim bin Hamad al Thani, said on Tuesday. ”We initially dealt with the matter in good faith”, Sheikh Tamim said in a televised policy speech, adding that […]
PARIS, France – Saudi Arabian Airlines (Saudia) is in talks with plane makers Airbus SE and Boeing Co on orders for itself and a new carrier the kingdom plans to launch, the state-owned airline’s chief executive said on Tuesday. The talks are for aircraft for both airlines as they have the ”same shareholder”, Ibrahim Koshy […]
PARIS, France – French President Emmanuel Macron congratulated Rishi Sunak on Tuesday on becoming the new UK Prime Minister, and added in a Twitter message that he would look to work with him on common challenges such as the war in Ukraine.
PARIS, France – Saudi Arabia and the United States will get over their ”unwarranted” spat over oil supplies, the kingdom’s investment minister told a business forum in Riyadh on Tuesday, highlighting long-standing corporate and institutional ties. This month’s decision by the OPEC+ alliance led by Saudi Arabia to cut oil output targets unleashed a war […]
Something went wrong. Please refresh the page and/or try again.
- Click to share on Twitter (Opens in new window)
- Click to share on Facebook (Opens in new window)
- Click to share on WhatsApp (Opens in new window)
- Click to print (Opens in new window)
- Click to email a link to a friend (Opens in new window)
- Click to share on Reddit (Opens in new window)
- Click to share on Tumblr (Opens in new window)
- Click to share on Pinterest (Opens in new window)
- Click to share on Pocket (Opens in new window)
- Click to share on Telegram (Opens in new window)
- Click to share on Skype (Opens in new window)