VW Aims To Cut Development Costs In Half With New “Made In China” Car Volkswagen says it can build an electric car entirely in China at roughly half the cost of producing one in Germany, helped by quicker development, lower labor expenses, easier battery sourcing and a more efficient supply chain, according to FT. After heavy investment in its new R&D base in Hefei, which includes more than 100 labs for software, hardware and powertrain testing, the company says it can now validate software, hardware and full vehicles at the same time. According to VW’s China technology chief Thomas Ulbrich,… — Continue at ZeroHedge News : Read More
