Volkswagen to invest US$24bn to develop EVs - EIU Country Analysis

Volkswagen to invest US$24bn to develop EVs

Volkswagen to invest US$24bn to develop EVs - EIU Country Analysis
Volkswagen to invest US$24bn to develop EVs
Published Sep 12, 2017
268 words — Published Sep 12, 2017
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Brief Excerpt:

Volkswagen AG plans to invest over EUR20bn (US$24bn) to develop electric vehicles (EVs) across all its car brands by 2030, according to media reports citing chief executive, Matthias Mueller, on September 11th. Of this, EUR6bn will be...

  
Source:
Geography / Regions
Czech Republic, Germany, Spain, United Kingdom
Industry
Automotive, Fuel sources, Passenger vehicles
Format:
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EIU Country Analysis—The Economist Intelligence Unit, a division of London's Economist Group, is the most respected provider of country analysis for governments, multi-national corporations and financial institutions around the world. Through our network of over 500 international contributor economists, we establish independent macro-economic outlooks and detailed reports on the political and commercial environments for over 200 countries around the world.

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Cite this Report

  
MLA:
EIU Country Analysis. "Volkswagen to invest US$24bn to develop EVs" Sep 12, 2017. Alacra Store. Nov 18, 2017. <http://news.alacrastore.com/eiu-news/Volkswagen-to-invest-US-24bn-to-develop-EVs-IWAUTO_IWAUTO_MAIN_20170912T152000_0002>
  
APA:
EIU Country Analysis. (). Volkswagen to invest US$24bn to develop EVs Sep 12, 2017. New York, NY: Alacra Store. Retrieved Nov 18, 2017 from <http://news.alacrastore.com/eiu-news/Volkswagen-to-invest-US-24bn-to-develop-EVs-IWAUTO_IWAUTO_MAIN_20170912T152000_0002>
  
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