VW Targets Significant EV Returns From 2026, CFO Tells SZ
Volkswagen electric vehicles in Salzgitter, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Volkswagen AG sees investments in new software and electric-vehicle technology peaking in the next two to three years with a goal of making significant returns from battery-powered models from then onward.
By 2026, Europe’s biggest carmaker will be making “hardly any” investments in legacy combustion-engine technology, VW Chief Financial Officer Arno Antlitz said in an interview with Sueddeutsche Zeitung.