34 days ago • Posted by Jasper Lawler

Volkswagen shares jump 30% on profit-beat, status as EV market darling

VW upgraded its profit guidance laid out plans for expanding the company's EV offering out through 2030 which also includes dethroning Tesla as the reigning EV world champ. VW hosted its "Power Day" yesterday and revealed plans to build six "gigafactories" with a total capacity of 240 gigawatt hours per year. 

Source: Zerohedge

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Volkswagen shares jump 30% on profit-beat, new status as EV darling
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