Volkswagen Group holds strong in Q1 despite global shortages, provides EV strategy updates
German automotive conglomerate Volkswagen Group has shared positive Q1 reports, outlining a robust business despite global inhibitors like supply chain shortages and conflict in Eastern Europe. With its 2022 outlook optimistically confirmed, Volkswagen is expanding investments in R&D that includes new EV technologies as well as major funds to bring more BEVs to North America.
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