Advertisements

VW To Fund Car Charging Network

Volkswagen to spend $2 billion to build a competitor to Tesla’s Supercharger network in the U.S.

This removes Tesla’s single most important competitive advantage in electric cars.

This capital investment also includes a hydrogen fueling network for fuel-cell cars.

GM and Nissan are the main near-term beneficiaries of this giant gift from Volkswagen.

Toyota, Hyundai, Honda and Mercedes also send Volkswagen thank-you letters for funding the hydrogen car future.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: