VW to use profits from CO2-heavy SUVs to fund e-mobility
Germany鈥檚 largest carmaker, VW, plans to release several new model heavy SUVs, bringing the share of the CO2-intense cars up to 40 percent of total sales, Nikolaus Doll reports for Die Welt. In light of stricter EU emissions limits from 2020, this strategy may seem 鈥渁bsurd鈥�, Doll writes. But brand manager Herbert Diess argues sales of the high-demand vehicles will allow VW to invest over 34 billion euros in 鈥渇uture technologies鈥� 鈥� mainly the development e-cars. Diess called the SUVs 鈥渙ur growth and profitability engine鈥� that will generate the funds needed to 鈥渇inance the transition to e-mobility鈥�.
Read the article in German .
See the 麻豆无码版 factsheet Dieselgate forces VW to embrace green mobility and 麻豆无码版鈥檚 Dieselgate timeline for background.