Porsche investing $7.5B in electrification over next 4 years

Porsche will aid VW Group s electrification charge with an even larger investment than it had originally planned. Through 2022, Porsche has $7.5 billion earmarked for electrification, up from $3.7 billion. The investment will focus on plug-in hybrids, pure electric cars, the brand s Turbocharger fast-charging stations, and various other smart mobility sectors. The decision to double [ ] The post Porsche investing $7.5B in electrification over next 4 years appeared first on Latest Car News.
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