Volkswagen plans green power alternative to Tesla’s energy push

Volkswagen is setting up its own charging and electricity unit in a bid to make the German manufacturer’s upcoming battery-powered cars more attractive to buyers, reports Oliver Sachgau for Bloomberg. The company said the new subsidiary called Elli (“electric life”) will supply households with renewable power and at-home charging systems, and offer infrastructure for offices and shopping centres. The launch will coincide with the roll-out of Volkswagen’s I.D. electric car line, and will challenge Tesla’s push into energy services, writes Sachgau.