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11-13-2020, 08:03 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Green (https://www.autoblog.com/category/green-auto-news/),Volkswagen (https://www.autoblog.com/volkswagen)
https://o.aolcdn.com/images/dims3/GLOB/crop/5746x3232+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-11/23d04760-25b6-11eb-b44f-3613bc7c5a95 Volkswagen plans to invest 73 billion euros (65.4 billion pounds) in e-mobility, hybrid technology and digitalization within the next five years to adapt to changes in the industry, it said on Friday. "The transformation of the company and its brands as well as the strategic focus on the core mobility areas will be consistently implemented," supervisory board chief Hans Dieter Poetsch said. Around 35 billion euros of the money will be invested in e-mobility, and 11 billion euros haContinue reading VW to invest $86 billion in electric cars, hybrids, digital tech in next 5 years (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/)
VW to invest $86 billion in electric cars, hybrids, digital tech in next 5 years (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 13 Nov 2020 08:43:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/) | Email this (https://www.autoblog.com/forward/2277587/) | Comments (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/5746x3232+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-uploaded-images/2020-11/23d04760-25b6-11eb-b44f-3613bc7c5a95 Volkswagen plans to invest 73 billion euros (65.4 billion pounds) in e-mobility, hybrid technology and digitalization within the next five years to adapt to changes in the industry, it said on Friday. "The transformation of the company and its brands as well as the strategic focus on the core mobility areas will be consistently implemented," supervisory board chief Hans Dieter Poetsch said. Around 35 billion euros of the money will be invested in e-mobility, and 11 billion euros haContinue reading VW to invest $86 billion in electric cars, hybrids, digital tech in next 5 years (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/)
VW to invest $86 billion in electric cars, hybrids, digital tech in next 5 years (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 13 Nov 2020 08:43:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/) | Email this (https://www.autoblog.com/forward/2277587/) | Comments (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/#comments)
More... (https://www.autoblog.com/2020/11/13/vw-investment-electric-cars-hybrids-software/)