Volkswagen Group to spend >$40B over next 5 years to develop electric mobility, autonomous driving, new mobility services and digitalization
Green Car Congress
NOVEMBER 17, 2017
In 2016, the corresponding capex ratio stood at 6.9%. The Volkswagen Group expects Brazil, China, Russia and North America to be the main growth drivers in the coming years. These companies finance the investments in the Chinese plants and products from their own resources. from 2020 onward.
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