WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022, the group said on Friday.
A Volkswagen Golf GTE is being charged during a workshop prior to Auto Guangzhou in Guangzhou, China November 16, 2017. REUTERS/Bobby Yip
Total group investments by 2022 will total about 72 billion euros, the group said, confirming an earlier Reuters story.
($1 = 0.8481 euros)
Reporting by Andreas Cremer, Christoph Steitz, and Jan Schwartz; Editing by Georgina Prodhan
