An electric charging station outside Volkswagen’s factory in Dresden, Germany. Volkswagen views the plan as consistent with its effort to transform the company to one investing in electric vehicles instead of diesel technology. The company aims to sell a million electric vehicles globally by 2025. By 2025, sales of battery-powered electric vehicles, plug-in hybrids and hydrogen fuel-cell cars together will reach 1.5 million, or about 9% of U.S. sales, the agency projects. Auto makers are also concerned Volkswagen’s proposal installs charging stations where there are already lots of electric vehicles.

Source: Wall Street Journal June 06, 2017 09:22 UTC