Volkswagen has declared plans to invest a faltering €89 ($100/£76) billion into e-mobility and digitalization.
€21 ($23.7/£18) billion will be invested at plants in Lower Saxony and the organization’s Hanover facility will go all-electric in the “medium term.” The plant will assemble a variety of various models including the first Artemis vehicle, the ID. California, the ID. Buzz AD, and MOIA shuttles. The plant will likewise be tasked with assembling bodies for a new Bentley.
Volkswagen’s Wolfsburg plant will be answerable for “full production of the ID.3 from 2024.” The facility will likewise construct Project Trinity, beginning in 2026. It’s billed as a competitive next-generation battery electric vehicle with Level 4 semi-autonomous driving technology.
Somewhere else, the Leipzig plant will construct two new Porsches dependent on the PPE architecture. The organization didn’t say a lot regarding them, however one of the models is the next-generation Macan.
Over at Audi, the Neckarsulm plant will assemble the new “E6 model family.” Likewise, the Brussels plant will start making the Q8 e-tron in 2026.
In case that wasn’t an adequate number of EVs, Volkswagen uncovered designs to fabricate minimized electric vehicles in Martorell and electric hybrids in Pamplona beginning in 2025. Both of the plants would make vehicles for quite a long time, however designs haven’t been settled as a “final decision depends on the general conditions and government incentives.”
Volkswagen CEO Herbert Diess stated, “In the NEW AUTO world, our business model is undergoing radical change – Volkswagen is being transformed from a traditional automotive manufacturer to a vertically integrated Group with strong brand groups and world-leading technology platforms.” He added, “Wolfsburg, our Group’s long-established headquarters, will be central to the transformation, because we can only safeguard our strong position long term if Wolfsburg is successful.”
Volkswagen likewise said they expect 25% of sales to come from electric vehicles by 2026. That number should increment in the following years as significantly more electric vehicles are presented.