Volkswagen Group to spend USD86.5 billion on electrification, hybrid powertrain and digital technology over next five years

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Raises the share of investment in future technologies to about 50% of the total

Volkswagen Group (VW) has agreed to increase its spending on electrification, hybrid powertrain, and digital technology to EUR73 billion over the next five years, the company said in a press release on 13 November.

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