Promising electric vehicles decade ahead for Volkswagen Group

Seventy new electric Volkswagen models could be launched in the next decade, the Volkswagen Group has claimed.

The Group had previously planned to launch fifty new electric models in the next ten years, but the projected number will increase from fifteen to twenty two million as a result. It’s philosophy is that expanding e-mobility is an important building block on the road to a CO2-neutral balance.

Volkswagen has signed off on a comprehensive decarbonization program aimed at achieving a fully CO2-neutral balance in all areas from fleet to production to administration by 2050.

“Volkswagen is taking on responsibility with regard to the key trends of the future, particularly in connection with climate protection. The targets of the Paris Agreement are our yardstick.

“We will be systematically aligning production and other stages in the value chain to CO2 neutrality in the coming years. That is how we will be making our contribution towards limiting global warming. Volkswagen is seeking to provide individual mobility for millions of people for years to come – individual mobility that is safer, cleaner and fully connected.

“In order to shoulder the investments needed for the electric offensive we must make further improvements in efficiency and performance in all areas,” Dr. Herbert Diess, CEO of Volkswagen AG, commented.

The Volkswagen Group has set milestones in all areas to be achieved in the coming years on the road to complete decarbonization by 2050. The measures follow three principles - firstly, effective and sustainable CO2 reduction, secondly, switching to renewable energy sources for power supply and thirdly, compensating for remaining emissions that cannot be avoided. In order to improve the CO2 balance of vehicles throughout its lifecycle, for example, Volkswagen has already made a start on the supply chain. A detailed roadmap is currently being drawn up. There is particularly significant potential as regards steel and aluminum supplies.

The share of electric vehicles in the Group fleet is to rise to at least 40 percent by 2030. The first of the new-generation electric vehicles go into production this year, with the Audi e-tron1 to be followed by the Porsche Taycan2. Reservations for each of these models already total 20,000 units and electric vehicles will be brought into the mainstream with the ramp up of the Volkswagen ID.

Other models in this first wave will be the ID. Crozz, the Seat el-born, the Skoda Vision E, the ID. Buzz and the ID. Vizzion.

In order to support the electric offensive, LG Chem, SKI, CATL and Samsung were selected as strategic battery cell suppliers. In view of the constantly increasing demand, Volkswagen is also taking a close look at possible participation in battery cell manufacturing facilities in Europe.

Volkswagen says it will be installing 400 fast-charging stations along Europe’s major roads and highways by 2020 to boost e-mobility further, with 100 of these located in Germany.

Elli (Electric Life ), Volkswagen’s new subsidiary, will also offer wallboxes for charging at home, using green power – initially in Germany.

In addition, there will be 3,500 charging points promised for employee car parks at all VW plants with further charging opportunities at its dealerships.

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