13
Dec
18:50
VW Group increases 5-year spending by 50% in e-mobility drive
German automotive company Volkswagen Group has revealed that its next five-year business plan includes around €89 billion ($100.5 billion) investment in e-mobility, hybridisation and digitalisation, Kallanish reports.
Under the so-called Planning Round 70, capex and development costs for e-mobility were lifted by 50% to €52 billion. The additional investment requirement is mainly due to the accelerated ramp-up of e-mobility as part of the Green Deal in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous