Monday, Dec 10, 2018 | Last Update : 04:47 AM IST

VW says can build up to 15 million cars on electric car platform

REUTERS
Published : Dec 7, 2018, 6:35 pm IST
Updated : Dec 7, 2018, 6:35 pm IST

Volkswagen is investing more than 11 billion euros (USD 12.52 billion) into electric vehicles.

9 billion euros will be allocated toward developing a family of electric cars.
 9 billion euros will be allocated toward developing a family of electric cars.

Volkswagen on Friday said it can build up to 15 million electric cars using its new MEB vehicle platform, revealing the extent of the carmaker’s push to mass produce zero-emission vehicles.

Volkswagen is investing more than 11 billion euros (USD 12.52 billion) into electric connected and autonomous vehicles by 2023, of which 9 billion euros will be allocated toward developing a family of electric cars, the carmaker said.

(Source)

Tags: volkswagen, electric vehicles