On November 18, according to foreign media reports, Volkswagen recently announced plans to invest 60 billion euros (465.4 billion euros) in research and development of new generation technologies such as electric vehicles (EV) and digital.
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According to the plan, VW will invest 60 billion euros in the above fields from 2020 to 2024. Among them, 33 billion euros (about 256 billion yuan) were invested in pure electric vehicles; the remaining 27 billion euros were invested in hybrid vehicles, digital and other fields.
VW said it would launch 75 pure electric vehicles by 2029 and sell 26 million pure electric vehicles. Volkswagen Group has many brands, including Volkswagen, Audi, Porsche, Lamborghini and so on.
Of the 26 million pure electric vehicles, 20 million use the chassis "MEB", and 6 million are based on the high-end vehicle chassis jointly developed by Audi and Porsche under Volkswagen.
In addition, for the first time, Volkswagen has announced its sales plan for hybrid vehicles. By 2029, 60 models will be launched and 6 million will be sold.
In addition to Volkswagen, Toyota, Daimler and other automakers have also announced their electric vehicle plans.
TOYOTA automobile President Akiotoyoda has reconsidered that as the second largest auto manufacturer in the world, TOYOTA has been paying more attention to the auto driving and electric vehicles for a long time than its competitors. Therefore, TOYOTA will make more efforts in expanding these fields. Mr. Toyoda said that major changes are taking place in the automobile industry. Problems and ideas that we may think are far away from us may affect us tomorrow.