vw says will invest over 34 bn euros in cars of the future
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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VW says will invest over 34 bn euros in cars of the future

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Arab Today, arab today VW says will invest over 34 bn euros in cars of the future

Volkswagen
Frankfurt am Main - Arab Today

German automaker Volkswagen on Friday said it planned to invest more than 34 billion euros ($40 billion) over the next five years in new technologies to advance its push to become a global leader in electric cars.

"We are reinventing the car," chief executive Matthias Mueller said after a meeting of the group's supervisory board, adding that the bulk of the spending would be on developing electric and hybrid cars.

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vw says will invest over 34 bn euros in cars of the future vw says will invest over 34 bn euros in cars of the future

 



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vw says will invest over 34 bn euros in cars of the future vw says will invest over 34 bn euros in cars of the future

 



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