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Business

VW to expand production in electric car offensive

Automaker signs $25bn contracts with Chinese and South Korean battery makers

Volkswagen CEO Matthias Mueller speaks at the annual earnings news conference of VW in Berlin in Berlin, Germany, March 13, 2018.   © Reuters

BERLIN -- Volkswagen will expand electric vehicle production to 16 plants and widen partnerships with battery makers as the German automaker seeks to hit its sales target of 3 million electric cars a year by 2025.

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