The original article can be found here.
Article highlights:
- The 12-brand group will dedicate 56% of its 159 billion euros of investment to developing the cars of the future, up from 50%.
- VW estimates that ‘one in four cars sold in 2026 will have a battery-electric motor’.
- “We are in the middle of the biggest transformation in the history of Volkswagen,” chief executive Herbert Diess told reporters.