Volkswagen to invest €15 billion in advanced powertrains over next 5 years

The Volkswagen Group has invested some €3 billion  in “alternative” drive technologies over the past five years, and plans to triple this amount over the next five years, said CEO Matthias Müller at the company’s Annual General Meeting in Hanover. By our calculation three times €3 billion is about €15. billion. That’s a lot of money. “The […]

Volkswagen to invest €15 billion in advanced powertrains over next 5 years Read More »