Volkswagen to invest USD483 million to ramp up EV production capacity at Wolfsburg plant
VW plans to add an electric SUV to Wolfsburg’s production schedule after the ID.3 ramp-up to boost capacity utilization
Europe’s largest carmaker Volkswagen plans to make an initial investment of about EUR460 million (USD482 million) to ramp up the EV manufacturing capacity at its Wolfsburg plant by 2025, the company said on 7 December 2022.
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