VW Group plans USD11.8 billion investment in NEV market in China over next eight years
Aims to sell 400,000 NEVs in China by 2020, 1.5 million by 2025
The Volkswagen Group (VW) is planning to invest more than EUR10 billion (USD11.8 billion) towards developing and manufacturing new energy vehicles (NEV) in China by 2025, reports Reuters.
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