Volkswagen Group has invested in a leading platform which will be used for the charging of electric vehicles.
The European Union has opened legal action against seven nations including Germany and the UK for failing to police emissions cheating by carmakers in the wake of the VW scandal.
Volkswagen has announced plans to cut 30,000 jobs worldwide by 2021.
Australia is taking legal action against its local arm of Volkswagen amid claims the company mislead customers by selling modified vehicles which covered up emissions fraud.
Norway's sovereign wealth fund has filed a complain against Volkswagen as part of a joint legal action following the carmaker's emissions scandal.
Volkswagen is expected to reveal the company’s progress on a fix to make nearly 600,000 diesel cars comply with clean air laws.
Volkswagen said it has cut £701million from its investment plan for the next year following on from the emissions scandal it has been embroiled in. The company said it would cap spending on property, plant and equipment at around $12.8billion, which is around 8% less than its previous estimate.
Volkswagen has set a target for the end of the month asking staff who had knowledge about its diesel emission test cheating to step forward. The company said workers who made contact with internal investigators would be exempt from dismissal.
Volkswagen said it may set aside more than $7billion to cover the costs of the recent emissions scandal if car sales suffer, according to its chief executive.
Volkswagen’s top US executive has apologised as the emissions-rigging scandal engulfing the world’s largest carmaker deepened and members of Congress said the company violated the public’s trust. “On behalf of our company, my colleagues in Germany and myself, I would like to offer a sincere apology for Volkswagen’s use of a software program that served to defeat the regular emissions testing regime,” Volkswagen of America chief executive Michael Horn told a House subcommittee. Calling the company’s admission “deeply troubling”, Mr Horn said: “We have broken the trust of our customers, dealerships and employees, as well as the public and regulators.”
Volkswagen is to halt delivery of its 2016 Jetta, Golf, Passat and Beetle diesel cars in the US - raising speculation that the emissions-cheating device similar to those in earlier models is also in its new vehicles.
The pressure is mounting on the European Union to tighten rules on pollution from cars after Volkswagen AG admitted it built a system to undermine tests in the US. Members of the European Parliament’s environment committee urged the European Commission to propose more stringent checks amid the widening scandal over emissions controls on VW’s diesel engines. VW has cheated on US air pollution tests for years, the Environmental Protection Agency said Friday. “We must assume that there are many tricks going on in Europe without us realizing because the Americans check more than we do,” said Peter Liese, a German member of the parliamentary committee, said in parliament in Brussels on Wednesday. “We need more realistic, stringent procedures not only for NOx but also for carbon dioxide and fuel consumption. We all know that our cars use more fuel than in the test cycle and people are losing patience.”