The investment of Volkswagen to build electric cars

I just read an article about the forty-four million euros investment the German car producer Volkswagen plans on making until the end of 2023. In the next five years, they want to develop electric cars, which will probably replace diesel cars in the future. According to the article, this is related to the new European rules regarding pollution. It also says the workers of the company are worried about losing their jobs, because making an electric car takes less manpower, but a representative of the company says there will be no terminations in the next ten years.