The Volkswagen Group is investing heavily in the mobility of the future: The plan is to pump just under 73 billion euros into electric mobility, digitalisation and hybridisation, 35 billion of which is earmarked for electric mobility. Additionally, the joint ventures in China will receive 15 billion euros over the coming years.
Volkswagen’s plan is to bring attractive electric models onto the road at affordable prices, and help electric cars make a global breakthrough. The electric strategy is founded on the modular electric-drive toolkit (MEB), a technology platform created specially for electric cars. As the first production vehicle in the world to be based on MEB, the ID.3 has been in production in Zwickau since the end of 2019. Other models such as the ID.4, and the ID.6 that is available in China, aim to win customers over to electric mobility around the world. And the range of electric cars based on MEB in the group is growing constantly: The Audi Q4 e-tron expands the electric offering at Audi, and the Škoda Enyaq iV and the CUPRA Born are the first all-electric cars from the two brands to come onto the road. In the premium sector, the Porsche Taycan and the Audi e-tron GT have made their mark. Additional premium cars based on the Premium Platform Electric (PPE) are set to be launched as of 2022, and will offer even greater ranges and shorter charging times.
“Electric mobility has become our core business. Now we are systematically integrating additional levels into the value chain. In the long term we’re securing pole position in the race for the best battery and the best customer experience in the age of zero-emission mobility.”
New platforms achieve future security
The Volkswagen Group is also already working on the car platform of the future. The Scalable Systems Platform (SSP) will herald the next generation of an all-electric, all-digital, highly scalable car platform. Cars from all sectors will be based on the SSP platform in future.
The corporation, in collaboration with partners, will also set up six battery cell factories in Europe by 2030, which will produce an annual total output of 240 gigawatt hours. TRATON SE is investing an additional 1.6 billion euros in the development of electric trucks between now and 2025. These activities are important milestones on the journey towards decarbonisation. The Volkswagen Group is aiming to be a net-zero climate-neutral corporation by 2050 at the latest.