Volkswagen Will Invest Over $1 Billion To Convert Factory To EV Production Only

By Mark Kane Volkswagen has announced a €22.8 billion investment package (2018-2022) in the future viability of its plants throughout the world, including a €14 billion envisioned specifically for German plants. The main focus over the next five years is to be e-mobility and modularization. Part of the investment is transformation of the …read more

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