Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030
Green Car Congress
MARCH 22, 2022
Scott Keogh, President and CEO, Volkswagen Group of America, Inc. said that Volkswagen will begin to phase out gasoline-powered vehicles from its American line-up, aiming to exit from sales at the beginning of the next decade, while focusing on the most desirable models. 4 in 2022, the ID. Assembly of Volkswagen’s ID.4 4 this year.
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