“NEW AUTO”: Volkswagen reinvents itself
Strong brands and the automobile will continue to play a central role in individual mobility in the future. At the same time, the Volkswagen Group’s core product - the car - and the underlying business model are changing fundamentally. The sources of revenue will change gradually between now and 2030: from conventional combustion engine models to zero-emission electric cars, and from vehicle sales to software and mobility services, boosted by the key technology of autonomous driving.
With global revenues from mobility expected to double by 2030, the prospects are promising. Volkswagen will boost this potential via its strong brands and based on leading and innovative technology platforms, primarily in Europe, the USA and China.
These tech platforms, in the area of Mechatronics, Software, Battery & Charging and Mobility Solutions, will become the value drivers of Volkswagen Group. They enable us to leverage scale and synergies across the brands and are open to third party business.