July 8, 2020 / 9:54 AM / a month ago

VW's SEAT plans 5 billion euros in investments in 2020-2025

BARCELONA, July 8 (Reuters) - Volkswagen’s Spanish brand SEAT said on Wednesday it plans 5 billion euros in investments in 2020-2025, mainly in new R&D, equipment and electric cars, after investing 3.3 billion in 2016-2020.

SEAT’s interim chairman Carsten Isensee said its main Barcelona plant will produce electric vehicles starting in 2025. (Reporting by Joan Faus Editing by Ingrid Melander)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below