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Added on the 16/11/2018 13:15:01 - Copyright : Wochit
German auto giant Volkswagen unveils a new budget electric vehicle, as the competition in the EV sector revs up. The ID. 2all model, with front-wheel drive and a range of up to 450 kilometres (280 miles), will be priced under 25,000 euros ($26,300) when it hits the European market in 2025, the manufacturer said. IMAGES
The pure-electric Battista took home the prize judged by an experienced panel including Founder Ginny Buckley and fellow TV presenters and journalists Nicki Shields and Tom Ford. The award comes as the Battista prototype testing and development program nears completion, and selected clients globally experience the most powerful road car ever built in Italy.The win follows the recent launch of Automobili Pininfarina London, increasing the company's global footprint with the appointment of Jardine Motors Group as its London and the southern UK retail partner. Meanwhile, potential clients were offered the exclusive opportunity to take to the passenger seat of the Battista hyper GT at Goodwood Motor Circuit to get their first feel of the car’s exceptional dynamics.
Wolfsburg (Germany), March 24 (EFE / EPA) .- (Camera: Focke Strangmann) The German automaker Volkswagen on Friday began the distribution of its new ID.4 electric car in Germany.FOOTAGE OF THE PRESENTATION OF THE VOLKSWAGEN NEW ELECTRIC CAR IN WOLFSBURG, GERMANY.
On Monday, Tesla stock climbed as much as 5%. Business Insider reports that Tesla's market capitalization is north of $700 billion. Elon Musk's company exceeded its production target of 500,000 vehicles last year. The company has fallen just short of 500,000 deliveries. "So proud of the Tesla team for achieving this major milestone!" Musk tweeted about the news. Tesla's stock price soared by more than 740% in 2020.
Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street. The electric-car maker's shares continued to climb more than 4% on Tuesday. This increases the company's total market value above $500 billion for the first time. The milestone comes on the heels of a banner year for Tesla's stock, says CNN. Tesla recently upgraded facility now has the capacity to build 500,000 Model Y and Model 3 sedans a year. This is in addition to 90,000 of its more expensive Model S and Model X vehicles.
The last model with a combustion engine left the assembly line today at the Zwickau car factory. The seventh generation Golf R Estate with 2.0-litre petrol engine in Oryx White Pearl Effect was produced for a customer in Germany. From today on, only electric models of Volkswagen and in future also of the sister brands Audi and Seat will be produced in Zwickau. The leap into the modern automobile age has been a long one: since 1904, cars with combustion engines have been built in Zwickau - initially for many years, including Horch models, and in GDR times the Trabant came off the assembly line here. In May 1990, Volkswagen started production at its plant in western Saxony. Over the course of the past 30 years, exactly 6,049,207 Volkswagen cars of the models Polo, Golf, Golf Estate, Passat Saloon and Passat Variant have been produced in Zwickau.
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