Volkswagen To Manufacture Mobile Electric Car Recharging Stations

Volkswagen would invest 870 million euros by 2020 to developing e-vehicle components Volkswagen will manufacture electric car batteries and charging stations in its home region in Germany, as it prepares to mass produce electric vehicles and overhaul its components division, which makes engines and steering parts. Volkswagen said on Friday it would invest 870 million euros ($985 million) by 2020 to developing e-vehicle components, adding the batteries business would manufacture battery cells and packs as well as overseeing recycling of old cells. The German carmaker, which is headquartered in Wolfsburg,…

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