VW to Spend $40 Billion on Electrified Cars, Autonomous Tech

We knew Volkswagen was getting serious about electric cars after its diesel scandal, but a new announcement reveals just how serious it is. VW Group will spend 34 billion euros, around $40 billion, on electrification, autonomous driving, mobility services, and digitalization through the end of 2022. Most of this money will go toward “the electrification […]

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