Volkswagen AG is about to find out whether consumers will back its 30 billion-euro ($34 billion) strategy to topple Tesla Inc. as the electric-car leader.   The German auto giant is now taking 1,000-euro deposits to secure one of the first in a new range of battery-powered models. The new ID.3 hatchback — which VW hopes will be the electric-car successor to the iconic Beetle — will start at less than 30,000 euros, roughly the same level as the diesel variant of its best-selling Golf hatchback.

 

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https://www.bloomberg.com/news/articles/2019-05-08/vw-s-tesla-attack-gets-real-as-electric-car-deposits-open


Source: https://www.bloomberg.com