Volkswagen will invest $193 billion in electric cars and software
Volkswagen announced a blockbuster investment in new EV and battery development that will greatly increase its North American manufacturing presence.
Volkswagen
VW opens a recycling plant for batteries at the end of their lives
Volkswagen expects this process to yield the raw materials needed for new battery production, such as copper, aluminum, lithium, manganese, cobalt and graphite.
Volkswagen will launch its last gas-powered cars in 2026
Volkswagen’s strategy chief, Michael Jost, told attendees at the Handelsblatt automotive summit conference on Tuesday that the company will launch its last generation of gas-powered cars in 2026.
Volkswagen agrees to invest $40 billion in electric car & mobility tech by 2022
“With the planning round now approved, we are laying the foundation for making Volkswagen the world’s No. 1 player in electric mobility by 2025.”