Volkswagen to invest 180 billion, focus on electrification

(ANSA) - BELGRADE, MAR 14 - According to a statement released today, VW Group plans to invest 180 billion euros between 2023 and 2027 in the most attractive profit pools and regions, with more than two-thirds going toward electrification and digitalization.

Despite global economic headwinds, the group reported solid full-year results for 2022, with a strong financial foundation on which to build in 2023, with strong margins and very solid net liquidity in the automotive division, VW said. (ANSA).

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