The carmaker is willing to spend 1.4 billion euros for new projects.
Carmaker Volkswagen plans to invest 1.4 billion euros in new technologies. In particular, in the development of electric trucks and buses.
According to Andreas Renshler, head of the in German Corporation division, which is engaged in the manufacture and sale of trucks, this budget is planned till 2022.
He also stressed that these funds, in particular, will be used to create driverless cars, cloud-based services and systems for passenger and commercial electric vehicles.
In September 2017 Navistar International and Volkswagen Truck & Bus announced joint plans to develop electric trucks medium-duty trucks and releasing them on the roads of North America by the end of 2019.
Today producers of commercial trucks has invested heavily in the electrification of cars, as regulators and the authorities increasingly tend to limit the pollution of major cities.
According to the forecasts of Andreas Renshler, by 2025, more than 5% of the trucks used in the world for delivery within the city or region will be electric.