About: http://data.cimple.eu/news-article/3fa80440dbcd335bbe9f574a9ec1cfab4fa7b1abf0ddb8deafb18cb2

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About: http://data.cimple.eu/news-article/3fa80440dbcd335bbe9f574a9ec1cfab4fa7b1abf0ddb8deafb18cb2 Goto Sponge Distinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Volkswagen on Monday said it will stop developing natural gas-fuelled cars as the German auto giant bets on electric engines in the battle to woo climate-conscious drivers. The VW group sold just 110,000 cars powered by compressed natural gas (CNG) worldwide last year, not enough to justify further investment, VW's head of development Frank Welsch told the Handelsblatt financial daily. Although production of existing models powered by the alternative energy won't be halted right away, "there will be no successors to these cars," Welsch said. "It never really resonated with customers," he added. The exit from CNG will allow VW to focus more strongly on zero-emissions electric vehicles, Welsch said, which the company expects to go mainstream in the coming years. Like rival carmakers, Volkswagen is investing billions in e-cars as the auto industry shifts to cleaner engines to comply with tougher emissions regulations. "If we are serious about the mobility shift and environmental targets, then we must focus on battery-powered electric engines. Everything else is a waste (of efforts)", Welsch told Handelsblatt. The 12-brand VW group, which includes Porsche, Seat, Skoda and Audi, has set itself the goal of selling 32 million electric and hybrid vehicles by 2029. mfp/jh
schema:headline	VW ditches natural gas to focus on e-cars
schema:mentions	Compressed natural gas Porsche Sustainable energy Hybrid electric vehicle Natural gas Handelsblatt Volkswagen The Exit Henri Skoda
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-02 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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