Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil
Green Car Congress
JULY 5, 2023
The Volkswagen brand aims to make significant gains in South America with a major product offensive. For example, 15 new electric and flex-fuel vehicle models are being launched by 2025 alone. Before the end of 2023, the company is bringing its first fully electric models to Brazil: the Volkswagen ID.4. and the ID.
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