Volkswagen to invest €120 billion on EVs, digitalization, and €60 billion on combustion cars
EVs are the future, but combustion era is not over, said Volkswagen CFO Arno Antlitz
Europe’s largest carmaker Volkswagen said that the company would continue to invest in manufacturing combustion engine-powered cars despite the global transition to electric vehicles, according to a news report published by Automotive News Europe on June 5.
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