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Friday, November 17, 2017 8:01:32 AM
I love seeing these 3 headlines among the first I see on my stock news service this morning: *
Reuters details that Volkswagen (VLKAY) is considering a new EUR 70 bln spending plan. .
Reuters discusses that Daimler (DDAIF) plans to invest over $750 mln in electric cars (TSLA, KNDI).
Economic Times discusses that Toyota (TM) plans to introduce electric car models in India in 2020. Economic Times Report.
Mercedes Has the Horsepower for Tesla Battle
https://bloom.bg/2AXry0K
Daimler fans shouldn't be too downcast.
they are all charging into the EV battery market.
for instance:
https://www.bloomberg.com/news/articles/2017-11-17/vw-is-said-to-budget-85-billion-for-five-year-investment-plan
https://www.bloomberg.com/news/articles/2017-11-15/gm-forecasts-1-million-electric-car-sales-by-2026-as-costs-drop
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