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Volkswagen invests in MAN electric bus plant

German automaker Volkswagen AG said Oct. 16 that it invested about 118 million zlotys in Porsche Automobil Holding SE-owned MAN Bus Sp. z o.o.'s assembly plant in Poland.

The plant will manufacture the Lion's City E, a fully electric city bus, in Starachowice, Poland. Mass production is scheduled to begin in 2020.

The Polish bus operator received approval to manufacture electric buses in the Starachowice economic zone in August.

As of Oct. 15, 1 Polish zloty was equal to 0.233070 euro, or 0.270132 U.S. cent.