Wheels
Germany plans $67bn investment on electric, self-driving vehicles
Germany’s automotive industry is planning to invest $67 billion on electric and self-driving vehicles in the next three years.
VDA’s President, Bernhard Mattes, explained that $45 billion will be invested in electric mobility and another $20.5 billion invested in digitisation and automated driving.
Germany’s ambition to shift to electric vehicles and autonomous driving comes as the sector at large reckons with new challenges over the existing technology in the industry.
Continue Reading
-
Business1 week agoDangote Refinery IPO: 70% Subscription claim meets fourfold demand assertion as investors seek clarity
-
Featured4 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Featured4 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Latest7 days agoUCTH faces morgue crisis as 50 unclaimed corpses await mass burial
-
Business6 days agoBREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September
-
Aviation1 week agoGermany opens online application route for student, EU Blue Card and other long-stay visas
-
Business6 days agoPresident Tinubu and the Low Transport Fares Fiasco
-
Business4 days agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party