Press Releases
Volkswagen and Uber launch pilot project with electric vehicles in Berlin
Yesterday, Volkswagen together with the intermediation platform Uber, launched a pilot project for the utilization of electric vehicles within the sustainable ride hailing service “Uber Green”. Within the framework of a virtual event, Uber hire car partners informed themselves about the background and possibilities of the cooperation. With the e-Golf, they now have a locally zero-emission alternative from the Volkswagen model portfolio available in Berlin. The objective of the pilot project is to use a number of year-old e-Golf vehicles which may run into three digits. Volkswagen has already been using the e-Golf successfully for its own car sharing service We Share since 2018.
Volkswagen do Brasil signs agreement on historical reappraisal of the military regime
Volkswagen do Brasil signed a Conduct Adjustment Agreement (CAA) today, as part of the historical reappraisal of its history during the military dictatorship regime in Brazil. With this agreement Volkswagen aims to promote the commemoration and establishment of the truth regarding human rights violations during that time.
The new ID.4 – Volkswagen starts presales of its first fully electric SUV
The new ID.4 has arrived – with the versatility of an SUV and the sustainability of an electric vehicle. Presales of Volkswagen’s new, electric SUV are simultaneously launching in Germany and further European countries only one day after its world premiere. There are two preconfigured edition models to choose from: the ID.4 1ST and ID.4 1ST Max. Both generate an output of 150 kW (204 PS), feature a battery with 77 kWh and very generous equipment. The ID.4 is launching in the world’s largest market segment, the compact SUV class.
The new Volkswagen ID.4 – World premiere of the fully electrically driven SUV
Presenting the ID.4, which is celebrating its digital world premiere. This is Volkswagen’s first fully electrically driven SUV generating zero local emissions and is produced with a carbon-neutral balance. It will be launching into the world’s largest market segment, the compact SUV class.
Future strategy of TRATON SE outlined at Annual General Meeting
CEO Matthias Gründler outlined TRATON SE’s future corporate strategy during the company’s Annual General Meeting in Munich. Gründler spelled out four priorities during the virtual meeting of shareholders. TRATON’s brands are to gain more individual responsibility as the company moves forward with its efforts to achieve a return on sales of 9 % throughout the cycle of the commercial vehicle industry.
Science Based Targets Initiative confirms Volkswagen Group’s climate protection targets
The Volkswagen Group has received confirmation from the independent Science Based Targets Initiative (SBTi) that the Group’s climate targets fulfil the conditions for limiting global warming to “well below 2 degrees Celsius”. SBTi supporting organisations include the Carbon Disclosure Project (CDP), UN Global Compact, the World Resources Institute and the World Wide Fund for Nature (WWF). The SBTi evaluates only genuine CO2 reductions over a period of at least ten years - without taking into consideration any CO2-compensating climate projects. Volkswagen is planning to reduce CO2 emissions during production and use of its vehicles by 30 per cent of 2018 levels by 2030. Oliver Blume, Porsche CEO and in his role as Volkswagen AG Group Management Board Member for Production and the Environment stressed: “We are determined as a Group to be climate neutral by 2050. To that end we have now set ourselves an ambitious interim target. The key levers are our e-mobility offensive and switching our plants over to green electricity.”
“Light is the new chrome”: Light design of the new Volkswagen ID.4
The ID.4 boasts a powerful and sporty, but simultaneously also likeable char-acter. The exterior lighting plays a major part in this: it forms an integral part of the electric SUV’s design concept and stages the vehicle in a new way.
Start of presales of the new Golf Variant
Volkswagen is launching presales of the new Golf Variant just a few days after its world premiere. The compact estate is now more digital, more dynamic and more versatile than ever before: with more space in the interior, it offers plenty of room for all the family or even large pieces of sports and recreational equipment. The extensive standard equipment and numerous assist systems ensure you have all the comfort you need. For the first time, the wide range of drive options also includes engines with mild hybrid and twin-dosing technology. Three engine variants will be available in the presales phase; prices start from 28,566.21 euros (for the Golf Variant 2.0 TDI with 85 kW/115 PS).
Volkswagen successfully places first green bonds with a volume of € 2 billion
Today, the Volkswagen Group successfully placed its first green bonds with a volume of € 2 billion in the market. The benchmark bonds, which are denominated in euros, have terms of 8 and 12 years and coupons of 0.875% and 1.250% respectively. Investors showed considerable interest, including both international and specialized green bond investors. This is the first issuance based on the Green Finance Framework (GFF) for sustainability-oriented financial instruments presented in March. The proceeds of the bonds will be used in a targeted way to fund the modular electric drive matrix (MEB and the new BEV models ID.3 and ID.4. Annual reporting on the use of the proceeds and the environmental effects achieved will create transparency for investors.
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