Sunday , June 20 2021

VW is trying to spend 44 billion of new technologies



In the next five years, the company will spend about 44 billion euros in e-mobility, automotive driving, new mobility, digitalization services, and their own factories in the end of 2023. "

VW is one of the main reasons for making a decision on tesla electric vehicles in the world market. It represents one third of the total expenditure during the 2019-2023 period.

Funding for electric vehicles related to millions of dollars in the economy to generate other models should be funded.

The Chinese company Volkswagen Group plans to invest $ 4.5 billion in China in China. The focus will focus on improving the production of electric vehicles, fast charging networks and other technological developments.

Despite the scale InvestmentIt is hoped that the cost of capital will be reduced to 6 percent by 2020 by increasing productivity.



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