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Sakuya75
2021-03-16

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Volkswagen looks to electric vehicles, cost cuts for profit recovery

FRANKFURT (Reuters) - Volkswagen is confident that cost cuts will help it raise profit margins in th

Volkswagen looks to electric vehicles, cost cuts for profit recovery

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vangas
·2021-03-17
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said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VLKAY":"大众汽车","STLA":"Stellantis NV"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119217709","content_text":"FRANKFURT (Reuters) - Volkswagen is confident that cost cuts will help it raise profit margins in the coming years, the world's second-largest carmaker said on Tuesday, a day after outlining an ambitious electric mobility expansion.\n\"Our good performance in 2020, a year dominated by crisis, will give us momentum for accelerating our transformation,\" Chief Executive Herbert Diess said in a statement.\nVolkswagen aims to more than double deliveries of electric vehicles to 1 million this year, it said, adding it would also apply a standardised platform model introduced for vehicle production years ago to software, batteries and charging.\nDiess' comments come a day after Volkswagen unveiled plans to build half a dozen 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