Thursday, 16 November 2017

VW Group earmarks $12 billion to develop, build China EVs

Volkswagen Group plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.

source http://europe.autonews.com/article/20171116/ANE/171119826/vw-group-earmarks-12-billion-to-develop-build-china-evs

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