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Daimler investing >€7B in next 2 years in green tech; fuel cell plug-in, BEV architecture; 48V

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In addition, the company is developing a dedicated vehicle architecture for battery-electric motor cars. The 48V system will make fuel savings possible that previously were the exclusive domain of the high-voltage hybrid technology. High-efficiency internal combustion engines and 48V hybrids. We will invest 14.5 billion euro.

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Lux: VW “actually in a strong position to innovate their way out of this mess”

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Reflecting on the implications of the still evolving Volkswagen emissions testing scandal (“ a vehicle emissions scandal of unprecedented proportions ”), analysts at Lux Research suggest that one outcome of the crisis could be an aggressive push by Volkswagen to accelerate the push towards plug-in hybrids and electric vehicles.