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VW Investing Over $40b on EVs, Autonomous Vehicles

German automaker ups ante in increasingly costly tech battle.

by on Nov.17, 2017

The VW I.D. Crozz concept will become a production battery-electric SUV.

Volkswagen AG said Friday it will spend over 34 billion Euros, or $40 billion between now and 2022 on electrified powertrain technology, autonomous vehicles and other futuristic concepts, aiming to leapfrog key competitors like General Motors and Toyota.

VW already announced plans to offer electrified variants of every model sold by its dozen passenger car brands, including 50 all-electric models, between now and 2025. It also is developing electrified commercial vehicles.

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“We are laying the foundation for making Volkswagen the world’s number-one player in electric mobility by 2025,” Chief Executive Matthias Müller said. “The entire automotive industry is facing fundamental changes in the coming years, which will provide great opportunities, but also require us to put in tremendous efforts.”

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Kia, Nissan Claim Top Honors Among New Models at Detroit Auto Show

Eyes on Design honors the best of the best.

by on Jan.10, 2017

Kia generated plenty of excitement - and an award - with the debut of its new Stinger.

More than 40 new cars, trucks and crossovers made their debut at the North American International Auto Show during the event’s annual media preview, and while some are no more than basic transportation, many are “rolling sculpture…the equal of the work of an artist like Rodin,” said Dr. Philip Hessburg, founder of the annual Eyes on Design Awards.

They honor the most striking products to make their first appearance at Detroit’s Cobo Center each year, a jury of some of the industry’s top designers empowered to pick among the work of their peers.

Best of the Best!

This year, the jury handed out seven awards – with Nissan nabbing two for the distinctive Vmotion 2.0 concept it introduced on Monday. Hailed as both Best Concept Car and the new vehicle making the Best Use of Color, Graphics and Materials, the Vmotion 2.0 is “just a concept car,” Nissan global creative director Shiro Nakamura told TheDetroitBureau.com.

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