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Volkswagen's Audi to invest $16bn in e-mobility, self-driving cars

Dec 04, 2018 18:48 IST

Volkswagen's premium auto brand Audi has announced that the firm will investing nearly 16 billion dollars in electric mobility, digitalizing and in autonomous cars in the coming five years. Audi in a statement said that the total expenditure in next five years would amount to over 45 billion dollars and the car maker also has plans to earn 1 billion dollars in restructuring measures.

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