Tesla's Getting More Rivals as VW Scandal Clouds Diesel Outlook
- VW to cut charging times to no longer than a coffee break
- Fiat chief would rather make money than be like Tesla
The Entire History of Tesla in Two Minutes
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With the future of diesel in question in the wake of Volkswagen AG’s emissions-cheating scandal, electric vehicles that have long struggled to find buyers in Europe are finally getting endorsed by major carmakers.
At the Geneva International Motor Show this week, automakers from mass-market PSA Peugeot Citroen to upscale Daimler AG’s Mercedes-Benz promised to challenge Tesla Motors Inc. with electric cars that have longer ranges and more affordable prices. After largely sidelining the technology in recent years amid sluggish demand, the revived interest in battery-powered cars is necessary for automakers to meet tighter European Union regulations for carbon-dioxide emissions starting in 2020.