Electrification of the Auto Industry Steps on the Gas
On the heels of Volkswagen announcing moves toward electrifying its vehicle fleet, and Tesla beginning its production run of its highly anticipated Model 3, several other recent developments show momentum continuing to build toward the replacement of fossil fuels with electricity to power the cars of the future, reports Foley & Lardner.
The article by Jason P. Britt discusses France’s plan to ban the sale of gasoline- and diesel-powered vehicles by 2040, and Volvo electrifying its fleet.
“Even as Brexit and the election of Donald Trump have shown a souring appetite for a global approach to the economy in some sectors, these developments reinforce just how international the auto industry is and will continue to be,” Britt writes.