Volkswagen looks to take on TeslaPosted: Updated:
Here’s the latest business headlines from Cheddar:
Amazon might be extending its reach into music. Billboard reports that the company could launch a free streaming service as soon as next week. The service will have a limited catalog of songs that would play alongside ads. Amazon already offers two paid music streaming services – Prime Music and Music Unlimited. They totaled 20 million subscribers in 2018. The free service would make Amazon a much larger competitor to Spotify.
Volkswagen is looking to take on Tesla. The automaker plans to build an electric SUV for China. The move to take on Tesla's Model X, which is the Chinese market leader. Volkswagen unveiled the concept car in Shanghai over the weekend, saying it will have three rows of seats and a range of 280 miles. This is part of Volkswagen's aggressive push into China where electric vehicles are given preferential treatment by authorities.
Coca-Cola has debuted a new bottle just for “Star Wars.” The circular bottle will be sold at Disney's new Galaxy's Edge opening in California and Florida later this year. Customers will be able to buy Coke, Sprite, and Dasani water.