Volkswagen to turbocharge global EV push with €120bn investment

Michael Holder
clock • 3 min read
Credit: VW
Image:

Credit: VW

German car giant ramps up electrification plans after reporting jump in EV sales worldwide of more than a quarter last year

Volkswagen is set to turbocharge its worldwide push towards electric vehicles (EVs) with more than €120bn of investment in electrification and digitisation confirmed for the next five years, as it yesterday...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Now is not the time to put the brake on electric vehicles

Now is not the time to put the brake on electric vehicles

What the government opts to do next with the Zero Emission Vehicle Mandate will be a major test of its commitment to both the UK car industry and climate action, writes Chris Clark from Green Alliance

Chris Clark, Green Alliance
clock 21 October 2026 • 5 min read
Spotlight on EVs: How to develop an effective zero emission fleet strategy - On demand

Spotlight on EVs: How to develop an effective zero emission fleet strategy - On demand

WATCH NOW: Experts discuss how businesses can work to decarbonise their fleets and accelerate the roll out of EVs and other low carbon transport technologies

BusinessGreen staff
clock 20 October 2026 • 1 min read
'Fleets are the engine of change': How to shift corporate EV fleets into the fast lane

'Fleets are the engine of change': How to shift corporate EV fleets into the fast lane

BusinessGreen's latest webinar explores the best practices helping businesses to embrace fleet electrification, unlocking significant cost savings and emissions reductions in the process

James Murray
clock 20 October 2026 • 13 min read