SOURCE: CNN Business




London (CNN Business)Volkswagen already had ambitious plans for electric cars. Now it’s really stepping on the accelerator.

The German carmaker is increasing the number of new electric models it plans to build over the next decade from 50 to 70.
The group had previously announced massive investments in electric and battery technology, signaling its intention to confront upstarts like Tesla (TSLA) that have taken the lead in the emerging market for electric cars.


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