Germany's car industry is to invest nearly 60 billion euros ($68 billion) o...
FILE PHOTO - Electric car is charged at the charging station at the front of the German utility E.ON headquarters in Essen, Germany, May 9, 2018. REUTERS/Wolfgang Rattay
“We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitization and connected and automated driving,” VDA president Bernhard Mattes said in a statement on Saturday. The Geneva International Motor Show, where manufacturers showcase their latest models and concepts, runs from March 7 to 17.
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