VW commits USD 7.1 billion to North America for EV manufacturing, R&D
On March 21, Volkswagen announced its commitment of USD 7.1 billion over the next five years in the North American region (NAR) to boost its product portfolio, regional R&D and manufacturing capabilities.
By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, VW targets 55% of U.S. sal....
By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, VW targets 55% of U.S. sal....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)