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7VW ready to spend $25B on at least 6 EVs in China by 2018

Standing next to the lovely GTE plug-in hybrid during the Beijing Motor Show, VW CEO Martin Winterkorn announced a renewed, $25-billion focus for the German automaker on electric mobility in China. EVs + China is not a new equation for VW (see here and here and here), but the time is now for the plan to come together, apparently. As Winterkorn said in a statement (available below), "We are launching the biggest initiative for e-mobility in China's automotive history."

1SAE 2011: Mobi.E ready to charge up 600,000 electric cars in Portugal, and beyond

After flirting with Better Place back in 2008, Portugal got serious about promoting electric vehicles in 2009. That's when the first discussions about what would become the Mobi.E charging network took place. These talks encompassed how best to get ready for EVs with new legislation and tax incentives, developing new technology and how to coordinate a payment network so that chargers become like ATMs – universally available to anyone.

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