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VW Plans To Add €1 Billion for Electrics

Volkswagen’s commercial vehicle subsidiary Traton says its MAN, Scania and Volkswagen Caminhões e Ônibus (VWCO) brands plans to invest more than one billion euros in e-mobility by 2025.

“Our goal is to become the leading provider of e-trucks and e-buses,” explained Traton CEO Andreas Renschler, mostly through research and development. Traton is developing a common modular electric powertrain to be used by all brands, much like Volkswagen’s MEB platform.

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