GREEN CARS

VW CEO says ramping up EVs won't affect profit margins

Posted By Green Car Reports
Date Monday, 21 October 2019, at 9:30 a.m.
Volkswagen ID Crozz concept, 2017 Los Angeles auto showVolkswagen has spent billions investing in its shift from diesel powertrains to battery-electric, but when it comes to profitability, its executives say, what's under the hood doesn't really matter. Thanks to the company's new global architecture, which is electrification-friendly and flexible enough to underpin just about anything VW wants to...

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