Read The Full Article On: BusinessinsiderNo automaker that makes gas-powered cars has announced electric-vehicle investment plans as ambitious as Volkwagen’s.
By 2023, Volkswagen says it will spend over $30 billion on electric vehicles, a sum roughly equal to the company’s combined profitsfrom 2015 through 2018. By 2030, Volkswagen intends for electric vehicles to comprise 40% of its global sales.
Read The Full Article On: Businessinsider