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VOW Volkswagen AG

133.40
0.80 (0.60%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Volkswagen AG TG:VOW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.60% 133.40 132.90 133.80 134.00 132.40 133.10 4,290 22:50:02

Volkswagen to Invest $2.2 Billion in Electric-Car Manufacturing Site

04/03/2022 5:43pm

Dow Jones News


Volkswagen (TG:VOW)
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   By Cristina Roca 
 

Volkswagen AG said Friday that it has approved a new manufacturing site in Wolfsburg-Warmenau, Germany, close to its main plant.

The new site will be dedicated to the company's Trinity electric cars, the German auto maker said, adding that it expects to invest about 2 billion euros ($2.21 billion).

Construction is expected to start next spring.

The Trinity project represents the next generation of electric vehicles at Volkswagen and incorporates autonomous-driving technology, the company said.

 

Write to Cristina Roca at cristina.roca@wsj.com

 

(END) Dow Jones Newswires

March 04, 2022 12:28 ET (17:28 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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