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19 11 2018 03

Over the coming five years to the end of 2023, the Volkswagen Group will be spending almost €44 billion alone on the e-mobility, autonomous driving, new mobility services and digitalization in its vehicles and at its plants.

This represents approximately one-third of total expenditure for the 2019-2023 planning period and is the outcome of the Group’s planning round, which has now been completed and was discussed and endorsed by the Supervisory Board of Volkswagen Aktiengesellschaft at its meeting on Friday.

The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. Programs to secure the agreed targets have been initiated by the brands and companies.

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Tags: Mobility

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