Volkswagen’s Costly Bet on Electric Cars

Since the 2015 diesel scandal, Volkswagen has gone from wanting to rule the world to wanting to save it with environmentally friendly electric vehicles. The world’s top car manufacturer—Volkswagen and its sister brands have outsold Toyota since 2016, a key ambition of pre-Dieselgate boss Martin Winterkorn—announced a broader electric vehicle push alongside annual results Tuesday. The company expects at least two in five cars it…

Source: www.wsj.com