VW relies on the rapid success of electric cars

VW relies on the rapid success of electric cars

Wolfsburg / Zwickau (dpa) – Volkswagen wants to accelerate the change to the e-carmaker and has tightened its production goals for this purpose. The total of 27 models of four Group brands, which are to start on the basis of the new electric platform, are targeted for the year 2022.

This announced E-mobility board Thomas Ulbrich in-house, as the German press agency learned. It's about the modular electric drive kit (MEB), the VW from Monday in Dresden presents. To further address the diesel crisis and prevent future misconduct, the company also puts more money into its "Integrity and Law" department.

Ulbrich announced that by 2022 around 10 million vehicles from the Group's brands should be based on the MEB. The first all-electric model of the ID family will roll in late 2019 Zwickau from the band. The location in Saxony is to be expanded with investments of 1.2 billion euros for the first pure E-Auto plant. From Braunschweig should come up to half a million battery systems annually. In Salzgitter, a pilot line is being built for battery cell production.

Last year, Volkswagen announced that over € 34 billion should be invested in the development of e-cars, autonomous driving, mobility services and digitization by 2022. By 2025, the Group's brands are launching more than 80 new models with electric motors. By 2030, the entire model range is to be electrified. CEO Herbert Diess warned recently that the e-strategy could be more expensive than initially thought. Therefore, one must become more efficient: "We need higher profits to finance our future."

The "Future Pact" reform program should bring savings in the billions. However, VW is expanding its business division "Integrity and Law". "Since the beginning of the year, the Executive Board has approved additional funds of around 170 million euros for such projects that support compliance, risk management, integrity, culture and related issues, including in the legal field," said the head of the department Hiltrud Werner of the "Automobilwoche" (Monday). In addition, more than 150 other posts have been approved. "So my area here in Wolfsburg alone has now grown to 540 employees from 255 at the beginning of 2017."

The most important single market for VW is China. There, the production is expanded. The company opened three new factories in Qingdao, Foshan and Tianjin with its local partner FAW and a new component factory in Tianjin. CEO Jochem Heizmann said that this also strengthens the group's "SUV and electromobility offensive".

,

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.