German automaker Volkswagen Group’s (VWAGY) over-the-counter stock has fetched far more handsome returns over the past year than U.S. tech giant Apple Inc. and Shanghai, China-based electric automaker Nio Inc. Just as rival legacy automakers, Volkswagen is dedicating billions of dollars and setting a tighter deadline to switch to a fully electric vehicle portfolio. Volkswagen in November last year said it would spend $86 billion by 2025 towards electrification under a new plan. The German automaker in March this year said it expects more than 70 percent of its European sales to be electric vehicles by 2030, up from an earlier target of 35 percent. In the United States and China, Volkswagen expects half of its sales to be electric vehicles by the end of the decade. That plan would see Volkswagen launch 70 electric vehicles by the end of the decade. The automaker also plans to build six battery …