Volkswagen plans 22 million electric vehicles in ten years

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The Volkswagen Group is forging ahead with the fundamental change of system in individual mobility and systematically aligning with electric drives.

The Group is planning 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 in the next decade will increase from 15 million to 22 million.

Dr. Herbert Diess, CEO of Volkswagen AG, said: “Volkswagen is taking on responsibility with regard to the key trends of the future – particularly in connection with climate protection. The targets of the Paris Agreement are our yardstick. We will be systematically aligning production and other stages in the value chain to CO2 neutrality in the coming years. That is how we will be making our contribution towards limiting global warming. Volkswagen is seeking to provide individual mobility for millions of people for years to come – individual mobility that is safer, cleaner and fully connected. In order to shoulder the investments needed for the electric offensive we must make further improvements in efficiency and performance in all areas.”

The Volkswagen Group has set milestones in all areas to be achieved in the coming years on the road to complete decarbonization by 2050. 

The 2025 target is to reduce the CO2 footprint of the vehicle fleet by 30 percent across the lifecycle compared to 2015. Volkswagen is therefore electrifying the vehicle portfolio, with investment in this area alone amounting to more than €30 billion by 2023. The share of electric vehicles in the Group fleet is to rise to at least 40 percent by 2030. The first of the new-generation electric vehicles go into production this year: the AUDI e-tron will be followed by the Porsche Taycan. Reservations for each of these models already total 20,000 units. And electric vehicles will be brought into the mainstream with the ramp up of the Volkswagen ID. Other models in this first wave will be the ID. CROZZ, the SEAT el-born, the ŠKODA Vision E, the ID. BUZZ , and the ID. VIZZION.

At the same time, COemissions at all plants are to be cut 50 percent by 2025 compared with 2010.

To boost e-mobility further, Volkswagen will be installing 400 fast-charging stations along Europe’s major roads and highways by 2020 in collaboration with industry partners in IONITY. 100 of these will be located in Germany. That means there will be a station every 120 kilometers. Elli (Electric Life), Volkswagen’s new subsidiary, will also offer wallboxes for charging at home, using green power – initially in Germany.

In addition, there will be 3,500 charging points on employee car parks at all plants with further charging opportunities at dealerships.

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