Volkswagen Axes All Non-Electric Racing Programs Worldwide
That makes sense. It refocuses the engineering talent.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.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.