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VW to develop electric trucks in $1.7 billion technology drive

Volkswagen AG (VOWG_p.DE) will invest 1.4 billion euros ($1.7 billion) in new technologies including electric trucks and buses by 2022, VW’s trucks chief Andreas Renschler said. The money will go toward electric drives, autonomous vehicles and cloud-based systems, he said on the sidelines of a company event on Wednesday. He …

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