VW allocates 1.4 billion euros on developing electric vehicles, self-driving vehicles and cloud technology

The company Volkswagen AG (VW) plans in the period up to 2022 to invest in new technologies $ 1.4 billion.

Funds will be used for the development of electric vehicles, driverless vehicles, and cloud technologies. In particular, the company plans to build trucks and buses for the motor. Possible allocation units VW, specializing in trucks and buses, independent enterprise.

Earlier it was announced about the plans of cooperation specified division of Volkswagen with the company Navistar International in the development of electric vehicles. These plans includes the production of medium truck electric markets in North America at the end of 2019.

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electric vehicle

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