VW invests 34 billion euros in EVs and autonomous tech

Jonathan Burn2017-11-17 18:35
Five-year investment plan will see bulk of 34 billion euros put towards electric vehicle development up to 2020The VW Group has announced an investment of 34 billion euros for the development of electric cars, autonomous driving technology and mobility services up to 2022.
The majority of that investment will be put towards new electric and hybrid vehicles, the company has said. By 2030 the VW Group claims that its entire product portfolio will be electrified; one i