Skip to main content

Frankfurt: VW Group Will Electrify Every One of its Models by 2030

Every one of the Volkswagen Group’s 300 models will be offered with some form of electric assistance by 2030, according to CEO Matthias Müller, who spoke earlier today ahead of the Frankfurt motor show.

Electrification will range from a 48-volt “mild-hybrid” system to a fully electric model, but every brand from MAN to Bugatti will participate.

“This is not some vague declaration of intent. It is a strong self-commitment which, from today, becomes the yardstick by which we measure our performance,” said Müller. “The transformation in our industry is unstoppable. And we will lead that transformation.”

According to VW’s estimates, up to a quarter of its new vehicles will be totally electric by 2025 and the company anticipates that it will require more than 150 gigawatt hours of battery capacity per year to power that fleet.

That’s the equivalent of four gigafactories pumping out battery cells, and to fund that move VW is starting a bidding process that will total 50 billion Euros.

“For us, the transformation of transportation and the energy transition are inseparable. And creating a comprehensive charging infrastructure rapidly – in cities and on highways – will be critical to success,” said Müller. “I’m convinced this will succeed if politicians, the energy industry, and automakers work in harness.”

But VW isn’t done with the internal combustion engine. Although it’s convinced that electric drive is the future, current technology must still be used to bridge the gap to the future. The group continues to work on increasing the efficiency and cleanliness of diesel engines, while at the same time improving gas and natural gas engines.

“For the time being, we will be offering the entire powertrain spectrum – from conventional to fully-electric – to enable sustainable and affordable mass mobility,” said Müller. “We are not being arbitrary. We are listening to the voice of reason.”

The post Frankfurt: VW Group Will Electrify Every One of its Models by 2030 appeared first on VWVortex.



from VWVortex http://ift.tt/2y0J6HF
via IFTTT

Comments

Popular posts from this blog

Review: Saying Goodbye to the CC V6

For all its size and its global reach, Volkswagen is still, in many ways, a deeply human company. There was, for instance, the Bugatti Veyron an ego project if ever there was one. Then the purchase of Ducati, a move most called folly. And then there was the Phaeton, the Volkswagen that most folks can’t afford. Not only were these moves all strange, I’m sure that they made VW’s accountants furious. None of them made good business sense, but they were all deeply interesting and they all are evidence of the heart that beats at the center of VW. Among these follies is the CC, a car that everyone agrees is rakishly handsome, but that no one really wanted to buy. The car couldn’t last, but the world is brighter for its having been in it. With the approach debut of the Arteon, it seems like a good time to look back on its sadly departing predecessor. The version I drove, because I live in Canada, is a V6 Wolfsburg Edition, which apparently isn’t available in the States. Nor is the V6, not as...

Mitsubishi admits it lied about MPG ratings for all vehicles in Japan

Filed under: Government/Legal , Green , Mitsubishi , Fuel Efficiency , Japan Mitsubishi says its shady fuel-economy test practices may have been used on all vehicles it sells and has sold in Japan. Continue reading Mitsubishi admits it lied about MPG ratings for all vehicles in Japan Mitsubishi admits it lied about MPG ratings for all vehicles in Japan originally appeared on Autoblog on Wed, 11 May 2016 12:36:00 EDT. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments from Autoblog Volkswagen http://ift.tt/21X3bHv

More 3.0-Liter TDI Settlement Details Expected by January 31

Volkswagen and the TDI Plaintiff’s Steering Committee were in court today for another status conference following the agreement in principal reached earlier this week. Little new information was given at the conference held before Judge Charles Breyer today, but the court ordered the parties to develop a formal settlement agreement, class action notices, and a class notice plan by January 31, 2017. For now, though, owners still don’t know how much to expect in compensation. Elizabeth Cabraser, lead Counsel for the Plaintiff’s Steering Committee reaffirmed in a statement today that the compensation would be “substantial.” The potential cost to Volkswagen is widely reported to exceed $1 billion, though, with an additional $225 million going into an environmental trust to help offset excess emissions. Buy back offers are still only expected for the oldest 20,000 of the roughly 80,000 VW Group vehicles sold in America with the 3.0-liter TDI engine. Those vehicles are mostly SUVs, like ...