Volkswagen Group investing ~€1B in vehicles and components, purchasing center in Hefei; shortening development time by 30%

Green Car Congress
By mmillikinApr 19, 2023, 9:00 am471 ptsHotTop
The Volkswagen Group is investing around €1 billion in a new development, innovation, and procurement center for fully connected intelligent electric vehicles in the southern Chinese city of Hefei. The Group made the announcement at the Shanghai Auto Show. The new company, with the project name…

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