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VW says can build up to 15 million cars on electric car platform

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Reuters FRANKFURT
Last Updated : Dec 07 2018 | 5:55 PM IST

FRANKFURT (Reuters) - Volkswagen on Friday said it can build up to 15 million electric cars using its new MEB vehicle platform, revealing the extent of the carmaker's push to mass produce zero-emission vehicles.

Volkswagen is investing more than 11 billion euros ($12.52 billion) into electric connected and autonomous vehicles by 2023, of which 9 billion euros will be allocated toward developing a family of electric cars, the carmaker said.

($1 = 0.8788 euros)

(Reporting by Edward Taylor; Editing by Arno Schuetze)

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First Published: Dec 07 2018 | 5:43 PM IST

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