German Carmakers to Invest $68 Billion In Electric Cars And Automation

Credit: Rumble
Published on March 2, 2019 - Duration: 00:36s

German Carmakers to Invest $68 Billion In Electric Cars And Automation

According to Reuters, the head of the VDA car industry association said that Germany’s car industry is to invest nearly $68 billion over the next three years on electric cars and automated driving.

VDA president Bernhard Mattes added that the range of electric car models from German manufacturers would consist of around 100 in that period.

He also said that Germany is set to have a much higher share of electric vehicles among its new registrations than the EU average.

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