Volkswagen’s Mexican Unit Invests $1 Billion in EV Business

Volkswagen's Mexican Unit to Invest $1 Billion in Boosting EV Business

In a major move aimed at expanding its electric vehicle (EV) business, Volkswagen's Mexican unit has announced an investment of approximately $1 billion at its existing operations in central Mexico. This comes as the second installment of spending by the German automaker, highlighting its commitment towards sustainable mobility.