Sunday , April 18 2021

Volkswagen will transfer two more plants to the production of electric cars



German automaker Volkswagen wants over the next five years to invest in the development of electric cars, self-managed cars and digitalization of 44 billion euros, writes Deutsche Welle. The final decision on the redistribution of production will be taken by the supervisory board at the end of the work week.

As noted, this accounts for almost one-third of the company's total costs in 2019-2023. At the beginning of the year, Volkswagen's capitalization fell 13.5% to € 73.03 billion. per investment We are focusing on promising areas of mobility and consistently pursue our strategy, "said Herbert Dis, chairman of the board. In 2025, Volkswagen wants to launch more than 50 models of electric cars. The company plans to re-equip three factories – in Emden, Zwickau and Hannover.

In addition, after 2022, the automaker plans to increase industrial capacity by building an additional multi-brand factory in Eastern Europe.

Earlier, it was said that the number of electric vehicles in European countries exceeded 1 million in the first half of the year, and should reach 1.35 million in early winter.


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