VW’s Traton Group to invest 1.6 billion euros in electric mobility

Share of conventional drives in the company’s product development budget reduced to less than a fifth at the same time

22 Mar 2021 | 4961 Views | By Autocar Pro News Desk

The TRATON GROUP is systematically preparing for the transition to electric drives. The commercial vehicle manufacturer has now decided to invest a total of 1.6 billion euros (Rs 13,227 crore) in research and development for e-mobility by 2025. An e-mobility investment of 1 billion euros (Rs 8,267 crore) had been ...

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