Tue, 21-Oct-2025

Volkswagen seeks to become market leader in electric mobility by 2025

Volkswagen cranks up electric car investment

BERLIN — Germany’s Volkswagen Group said on Thursday that it would drive forward the electrification of its European plants with the aim to become the global market leader in electric mobility by 2025. Over the next five years, the German carmaker is planning a total investment of 159 billion euros (almost 180 billion U.S. dollars), … Read more

Volkswagen cranks up electric car investment

Volkswagen cranks up electric car investment

FRANKFURT, Dec 9, 2021 (AFP) – German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digitalization to 89 billion euros ($101 billion) over the next five years. The 12-brand group will dedicate 56 percent of its 159 billion euros of investment to developing the cars of the … Read more