Alan_uk
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VW plans huge investment to become electric cars leader
Catch up? Repentance? Words are easier that action!
Volkswagen (VW) shares fell as much as 4.3 percent after the announcement
http://www.bbc.co.uk/news/business-36548893Volkswagen plans to launch 30 all-electric models to reposition itself as a leader in "green" transport. ..... VW hopes that by 2025, all-electric cars would account for about 20-25% of the German carmaker's annual sales.
Catch up? Repentance? Words are easier that action!
Volkswagen (VW) shares fell as much as 4.3 percent after the announcement
http://uk.reuters.com/article/uk-volkswagen-strategy-idUKKCN0Z214FThe company also said it would build a services business encompassing areas such as ride-hailing and car-sharing that it expects to generate billions of euros in sales by 2025, as well as hiring another 1,000 software engineers to help develop its own autonomous driving and battery technologies.