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Keeping pace doesn’t come cheap – latest VW investment allocations reach €72bn

Still staggering from the diesel emissions hangover, Volkswagen Group is aggressively positioning itself as a leader in electromobility and autonomous driving

Making up for lost time comes at a price - precisely €72bn (US$84.6bn) for the Volkswagen Group, and that's just the latest instalment. The company is fast-tracking its electric vehicle (EV) development and production plans while simultaneously preparing for autonomous functionality. Both require significant resources.

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https://www.automotiveworld.com/articles/keeping-pace-doesnt-come-cheap-latest-vw-investment-allocations-reach-e72bn/

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