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VW's profitability may take a hit from electric vehicle shift

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VW has made a strategic shift to zero-emission and self-driving technology with an ambitious programme.

Berlin

VOLKSWAGEN said that profitability could take a hit this year as the carmaker invests billions of euros in electric vehicles (EVs) and launches a raft of new models.

Europe's largest automotive group, which reported record 2017 earnings on Friday, said that it expected a...

sentifi.com

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