VW Concerned Over High Costs Of Electric Car Development & Production

By Mark Kane Volkswagen aims for 7-8% margins to be crisis-ready.
Volkswagen began a broad campaign of electrification with an original plan to spend €20 billion ($23 billion) for the purpose, but it’s not going to happen.
It’s already known that the investment will be required to be higher. One of the reasons are… competitors …read more

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