Automakers look to disrupt at this year's Paris Motor Show

|By:, SA News Editor

Volkswagen (OTCPK:VLKAY) plans to unveil an electric vehicle at the Paris Motor Show which will get 300 miles of driving range off a single 15-minute charge.

Though the selling specification might only be limited to available charging infrastructure with the required voltage, it's still a significant marketing point from the world's largest automaker.

Reports indicate the Golf model-sized EV will arrive in late 2018 or early 2019.

Earlier this summer as part of its Diesel scandal reset, Volkswagen announced a target to have 30 new EV models by 2025.

More than 24 new EV models are due to showcased at the Paris Motor Show in October at last check, including highly-anticipated looks at new EV models from Mercedes-Benz (OTCPK:DDAIF) and the European version of the Chevy Bolt (NYSE:GM) with the Ampera-E debut.

All the EV buzz is sure to factor in to how investors gauge long-term demand for Tesla Motors (NASDAQ:TSLA) with the Model S, Model X, Model 3, and beyond.

An interesting side note is that Ford (NYSE:F) is skipping the Paris event. The Detroit player's launch schedule didn't justify the cost and its long-term autonomous vehicle strategy is just now being mapped out.

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