January 18, 2021

Volkswagen Group China to invest over 4b euros in electric vehicles

1 min read

TIANJIN: Volkswagen Group China and its partners plan to invest over 4 billion euros (4.4 billion U.S. dollars) in China in 2020, with 40 percent of the investment in the electric vehicle field, including manufacturing, infrastructure construction and R&D, the company said.

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