Volkswagen on Friday said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility services by 2023 as part of a push by Europe's largest carmaker to mass produce electric cars.
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Volkswagen to spend 44 billion euros on electric, autonomous cars by 2023 | Reuters
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VW is positioning itself to be the leading car company going forward. They appear to be light years ahead of GM and the Japanese.
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I wonder where the company is getting the money from ? If its in loans, its a gigantic investment...and risk!!
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When you are in a business, you need to pay full attention in there. Any deviation from the goal won't bring the desired outcome. VW is just doing that one.
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