Volkswagen to invest €10 billion in advanced powertrains, but will continue clinging to diesel

By Charles Morris The Volkswagen Group has invested some €3 billion ($3.3 billion) in “alternative” drive technologies over the past five years, and plans to triple this amount over the next five years, said CEO Matthias Müller at the company’s Annual General Meeting in Hanover.
“The future is electric. We intend to be the …read more

Source:: https://chargedevs.com/newswire/volkswagen-to-invest-e10-billion-in-advanced-powertrains-but-will-continue-clinging-to-diesel/