Remove tag Volkswagen
article thumbnail

Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

The Volkswagen Group will invest around €51.6 The Volkswagen Group will help shape the technological turning point in key areas of the automotive industry and, to do this, will continue investing in environmentally friendly technologies, efficient drives and new models. billion (US$76.5 billion (US$14.1 billion (US$37.9 —Prof.

Future 199
article thumbnail

Volkswagen and BYD Agree to Explore Partnership for Hybrids and EVs

Green Car Congress

Chinese carmaker BYD and Volkswagen have signed a memorandum of understanding to explore the options for partnership in the area of hybrids and electric vehicles powered by lithium batteries. Martin Winterkorn, and Chairman of the Board of Management of BYD, Wang Chuanfu, signed the agreement last week during a BYD visit to Volkswagen.

BYD 150