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Automakers

VW eyes global EV lead by 2025 in platform push

VW ID3 production Dresden web.jpg
Production of the ID3 compact electric car at VW's factory in Dresden, Germany.
B
By:
Bloomberg
March 16, 2021 07:28 AM

Volkswagen Group plans to widen cost-cutting efforts by standardizing key technologies as the German manufacturer seeks to accelerate a seismic shift toward electric cars to combat Tesla and keep traditional rivals such as Daimler at bay.

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