Volkswagen plans 22 million electric vehicles in ten years

Volkswagen Group has announced it is to launch almost 70 new electric models in the next ten years – instead of the 50 previously planned. As a result, the projected number of vehicles to be built on the Group’s electric platforms will number 22 million by 2028. 

The company says it has also signed off on a comprehensive decarbonisation program aimed at achieving a fully CO2-neutral balance in all areas from fleet to production to administration by 2050.

“Volkswagen is seeking to provide individual mobility for millions of people for years to come – individual mobility that is safer, cleaner and fully connected,” said Dr. Herbert Diess, CEO of Volkswagen AG. “In order to shoulder the investments needed for the electric offensive we must make further improvements in efficiency and performance in all areas.”

VW says that the share of electric vehicles in the VW Group fleet is to rise to at least 40 per cent by 2030.

Source: Motor Trader E-Magazine (April 2019 Edition)

5 Apr 2019