FRANKFURT (Reuters) – European car bosses are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine.
As the latest such announcement on Monday by China added momentum to a push for zero-emissions motoring, Daimler (DAIGn.DE), Volkswagen (VOWG_p.DE) and PSA Group (PEUP.PA) gave details about their electric programs that could give policymakers some pause.
via www.reuters.com