Volkswagen Axes All Non-Electric Racing Programs Worldwide
That makes sense. It refocuses the engineering talent.<p>We don't really need any more technical breakthroughs for electric cars. Just volume. Batteries are getting cheaper as production volume increases, and faster than expected. Down 80% in the last decade.<p>What the world needs is a $20,000 electric car comparable to the Toyota Corolla, the best selling car. VW might be able to do it.