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Volkswagen AG will assets a bigger allotment of its 150 billion euro ($177 billion) account for advance in electric cars and software in the abutting bristles years, dispatch up technology spending to cross a tectonic industry about-face alike as the COVID-19 communicable roils markets.
Investments in battery-powered vehicles, free active and accompanying approaching technologies will acceleration to about 73 billion euros, or bisected the company’s account through 2025, VW said Nov. 13. That’s up from 60 billion euros a year ago, or 40% of investments planned at the time. The numbers don’t accommodate VW’s Chinese collective ventures, which accept a separate, self-funded advance plan.
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Title | Reviews 2022 Skoda Snowman Full Preview |
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Published Date | November 30, 2020 |
Latest Updated Date | November 30, 2020 |
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