Volkswagen plans to release 22 million electric vehicles over the next 10 years

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After the release of the report for 2018, German automaker Volkswagen announced plans to bring the number of models of electric vehicles it produces to 70 units by the end of 2028, releasing 22 million electric cars over the next 10 years. The goal declared by the concern for a 10-year perspective assumed the release of 15 million electric vehicles of 50 models. Volkswagen Group intends to completely abandon fossil fuels by 2050. The company's investment plan involves capital investments in the development of electric vehicles by the end of 2023 at the level of 44 billion euros. It will have to make significant efforts to maintain profitability in the face of rising costs and a slowdown in the growth of the global economy.

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