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Volkswagen, Chinese ventures to invest 15 billion euros in electric vehicles

FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann. BEIJING (Reuters) - Volkswagen AG VOWG_p.DE said on Monday it and three local joint ventures plan to invest around 15 billion euros ($17.44 billion) in electric mobility in China, the world's biggest car market, between 2020 and 2024. With the investment by Volkswagen and its three joint ventures with ... Vollständiger Text