Seat plans 5 billion euros in investments in 2020-2025, mainly in new R&D.BARCELONA: 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.
Meanwhile, Volkswagen has announced that it will be introducing the ‘Computer Vision’ AI technology to boost its production by at least 30 percent by the year 2025.
Also Read: Volkswagen Group to introduce AI tech to boost production
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