Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla ‘s for half the price, Electrek reports. "We will come in 2020 with vehicles that can do anything like Tesla and are cheaper by half," Diess reportedly said on the German television program "Maybrit Illner." Volkswagen and Tesla did not immediately respond to Business Insider’s requests for comment. Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla’s for half the price, Electrek reports. "We will come in 2020 with vehicles that can do anything like Tesla and are cheaper by half," Diess reportedly said on the German television program "Maybrit Illner." The comment came on Thursday’s episode, according to the German television station ZDF , which airs the program. Volkswagen and Tesla did not immediately respond to Business Insider’s requests for comment. Volkswagen said last year that it plans to invest around $40 billion in electric vehicles, self-driving vehicles, and mobility services by the end of 2022. The automaker is targeting sales of three million electric vehicles per year by 2025 across 50 planed […]
Volkswagen’s CEO said it will make EVs that are as good as Tesla’s for half the price in 2020: Report

Latest Articles
United Airlines Will Invest in Carbon Capture En Route to Net Zero Emissions
United Airlines Boeing 737 takes off from Los Angeles international Airport on November 11, 2020 in Los Angeles, California. AaronP / Bauer-Griffin /...
6 Eco-Friendly Kitchen Hacks You Need to Try Today
The average American kitchen is incredibly inefficient and not eco-friendly. From water-guzzling appliances to immense amounts of food waste, we all need to...
The Surprising Environmental Benefits of Using an Organic Mattress
There are a lot of things that you need to keep in mind when you are trying to live a green lifestyle ....
The secret power of old growth
More than ever, as the Forest Service seeks to undo logging restrictions, we need to embrace the crucial way old-growth forests keep the...
From Store to Door with Minimal Impact: How Companies Are Eco-Friendly Innovators
Even without the pandemic turning the world on its head in 2020, fast courier services are quickly becoming popular for a generation that...
A Reuse Renaissance Continues to Reshape Mexico City
A balcony at Círculo Mexicano Courtesy Gabriel Monroy The practice of converting aging buildings for different, more timely functions isn’t new in Mexico...