Volkswagen unveiled another project to gain a presence in the world’s largest EV market. The carmaker said it will invest EUR1 billion (US$1.1 billion) in building an EV R&D and procurement center in China, aiming to reduce product development times by 30%. Volkswagen announced the plan on April 18 ...
View more: Volkswagen to establish R&D and procurement center in China to shorten EV development times