Car maker Volkswagen tops global list of spending on research and development.
Together with its joint venture on the ground, Japanese automaker Nissan is to make a multi-billion-dollar investment in the production of e-cars in China. Beijing's e-car quota system goes into effect next year.
German car maker Volkswagen (VW) will be the first international automobile company to invest in Rwanda. The first cars are expected to be ready by May. For the future VW also plans to build electric cars in Rwanda.
Consultancy firm PwC has published its latest Global Innovation 1000 survey showing that corporate spending on Research & Development has never been higher, but also warning of the effects of economic nationalism.
German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and new-energy vehicles.
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