12 Sep 2017

"Volkswagen spends billions more on electric cars in search for mass market”

Volkswagen / Reuters

Volkswagen plans to invest more than 20 billion euros in zero-emission vehicles by 2030, Reuters reports. The carmaker said on Monday it would roll out 80 new electric cars by 2025, up from a previous goal of 30, with plans to offer electric versions of all of its 300 group models by 2030. Before the diesel emissions scandal, VW was slow to embrace electric cars and self-driving technology, Reuters says. "We have got the message and we will deliver,” VW CEO Matthias Müller said in a press release ahead of the IAA in Frankfurt.

Read the article in English here.

Read the press release in English here.

For background, read the CLEW dossiers Frankfurt car show puts spotlight on German carmakers’ troubles and BMW, Daimler, and VW vow to fight in green transport revolution.

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"Volkswagen spends billions more on electric cars in search for mass market”

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