Automakers

VW Group targets significant EV returns from 2026, finance boss says

VW Antlitz
By 2026, VW will be making "hardly any" investments in legacy combustion-engine technology, CFO Arno Antlitz said. (BLOOMBERG)
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By:
Bloomberg
January 31, 2023 11:06 AM

Volkswagen Group sees investments in new software and electric-vehicle technology peaking in the next two to three years with a goal of making significant returns from battery-powered models from then onward.

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