Volkswagen, a rocky $50B EV bet, and the bid to chase Tesla’s software prowess

Teslarati
By Simon AlvarezJan 20, 2021, 9:24 am290 pts
Among the old guard of the automotive industry, very few could hold a candle to Volkswagen, which has initiated a $50 billion bet on electric vehicles. The plan, it seemed, was aimed at ensuring that the veteran automaker could catch up to Tesla, a dedicated EV maker that has made a name for itself by releasing…

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