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VW Targets Significant EV Returns From 2026, CFO Tells SZ

Volkswagen electric vehicles in Salzgitter, Germany.

Volkswagen electric vehicles in Salzgitter, Germany.

Photographer: Krisztian Bocsi/Bloomberg

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.