Volkswagen sets eyes on electic cars, ride-hailing, autonomous driving

Volkswagen will quit creating more than 40 auto models in the coming years as a feature of another procedure by Europe’s greatest automaker, German daily paper Handelsblatt provided details regarding Saturday.

Volkswagen (VW) said on Thursday it would put billions of euros in electric autos, ride-hailing, and mechanized heading to end up a world pioneer in green transport by 2025 as it reshapes its business taking after a diesel outflows outrage.

Refering to organization sources, Handelsblatt said the upgrade would likewise include stopping creation of more than 40 models. Volkswagen at present makes around 340 auto models over its portfolio, which incorporates brands, for example, Audi, Skoda and Seat.

A Volkswagen representative said, in any case, the quantity of models that would be ended had not been chosen yet. “A choice on what number of models will be eliminated or stopped has not been taken yet,” he said.

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