After emissions cheating scandal, Volkswagen steers toward electric vehicles
June 17, 2016
As Volkswagen tries to win back customers repelled by its systemic cheating on emissions tests, the German automaker announced Thursday a new strategy dedicated mainly to electric vehicles. Volkswagen plans to invest $11 billion in a push toward electric vehicles — releasing 30 such models by 2025 — as well as ride-hailing and autonomous driving. The…
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