Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to decline from 2025.
plans to invest 180 billion euros over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to decline from 2025.
As it works toward a target of 50% electric vehicle sales globally by 2030, over two-thirds of the five-year investment budget is allocated towards electrification and digitalisation, up from 56% in a five-year plan it had released a year earlier. In the latest plan, 15 billion euros is ringfenced for battery plants and raw materials and 2 billion euros will be put toward aInvestment in combustion engine technology will peak in 2025 and decline from then on, said the automaker, which has more ambitious electrification targets than some rivals.developed by Chief Executive Oliver Blume after he took the helm of the automaker in September.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
Leer más »
Volkswagen picks Canada for first battery cell plant outside EuropeVolkswagen chose Canada to build its first battery cell plant outside Europe, granting its cars access to both Canadian and U.S. subsidies as it works to localise its electric vehicle production chain in the region.
Leer más »
Volkswagen will build its first North American EV battery plant in Canada | EngadgetVolkswagen has revealed plans for its first PowerCo battery cell factory outside of Europe.
Leer más »
Volkswagen’s first North American gigafactory will be in CanadaVW says production will start in 2027.
Leer más »
Volkswagen Will Build Its First Overseas Battery Factory In Canada | CarscoopsThe battery plant will go online in 2027 and will supply VW's North American vehicle manufacturing sites
Leer más »
Volkswagen picks Canada for first battery cell plant outside Europe, Ottawa jubilantVolkswagen chose Canada to build its first battery cell plant outside Europe, granting its cars access to both Canadian and U.S. subsidies as it works to localise electric vehicle production chain in the region.
Leer más »