FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo
FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) on Friday said it can build up to 15 million electric cars using its new MEB vehicle platform, revealing the extent of the carmaker’s push to mass produce zero-emission vehicles.
Volkswagen is investing more than 11 billion euros ($12.52 billion) into electric connected and autonomous vehicles by 2023, of which 9 billion euros will be allocated toward developing a family of electric cars, the carmaker said.
Reporting by Edward Taylor; Editing by Arno Schuetze