VW Goes Big With Electric Cars, Autonomous Driving and Mobility Services

As they say – go big or go home!

Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford.

Read the Reuters article

Contacts

  • Read Time
    1
    Minute

Continue Reading