VW manipulated the emissions readings of millions of vehicles in a last ditch effort to boost the sales of its conventional engines. Now that it has been caught it, it is embracing the future of emissions-free electric vehicles.
The German auto giant has said savings will come from culling models as well as workforce. The company also plans to triple the number of SUVs in its fleet while expanding its offer of electric cars.
The latest and final version of the Volkswagen Beetle has been unveiled at the LA Auto Show. VW is preparing to turn its focus towards a future of mass-market electric cars.
Volkswagen reportedly wants to start producing some 200,000 electric vehicles at the two sites beginning in 2022. The move is part of the automaker's broader strategy to move to produce cleaner cars.
The German auto giant's board has approved plans to spend €44 billion over the next five years to overhaul its plants for electric vehicle production. DW explores where the money will be spent.
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