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Volkswagen also revealed a new Bentley and two new Porsches are on the horizon

[Volkswagen invests hundreds of billions of dollars in new technologies such as electric cars to catch up with Tesla] as countries around the world set more and more stringent carbon reduction targets, the "energy revolution" of the automotive industry is also accelerating, although Tesla is currently in the lead for the time being. but a number of established car companies are not to be outdone. German car giant Volkswagen (Volkswagen) said on Thursday that it would increase its investment in electric vehicles and digital to 89 billion euros ($101 billion) over the next five years.

VW has made plans to convert more plants to EV production, in an effort to slow Tesla's rise in Europe. Here's what VW has in the works.

Most Volkswagen fans are really anxious about 2022. That will be the year in which the company will reveal its first nostalgic electric vehicle, the ID. BUZZ. Unexpectedly, Volkswagen anticipated today the name of another car based on the electric van: ID. California.

When Volkswagen said it would conceive an electric car to be as efficient as possible, it later named it Project Trinity. It would be a flat electric car, meaning it would focus on low aerodynamic drag. It is Volkswagen’s version of Audi’s Artemis project, meaning it is a more affordable version of it. What if it can be even less expensive? This is what Bernhard Reichel helped us visualize with a Skoda version of this EV.