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Volkswagen Group China and JVs to invest EUR15 billion in e-mobility

Volkswagen Group China announced plans to invest a total of roughly EUR15 billion (USDUSD17.4 billion) together with its joint ventures – SAIC VOLKSWAGEN, FAW-Volkswagen and JAC Volkswagen – in e-mobility between 2020 and 2024. The figure comes on top of the EUR33 billion (USD38.4 billion) already announced by the group for development of e-mobility around […]

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