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Press releases

  • 12/07/22

    Volkswagen accelerating transformation of Wolfsburg plant

    Volkswagen is making the Wolfsburg site fit for the future: the brand will be making an initial investment of some €460 million in the main factory at the Group headquarters by the beginning of 2025. This was announced on Wednesday by CEO Thomas Schäfer during a works meeting in Wolfsburg. The investment is primarily earmarked for preparations to produce the new ID.3. The compact electric car will be leaving the assembly line in Wolfsburg from 2023 – initially in partial production, with full production slated from 2024. Ramp-up is due for completion by the end of 2025. The necessary training measures for the workforce are currently being prepared. Post-ID.3 ramp-up, a further all-electric model for the booming SUV segment is to boost Wolfsburg’s capacity utilization for EV production over the long term. The technical basis for the new model is the Modular Electric Drive System (MEB). Volkswagen’s e-car platform is to undergo substantial further development as the MEB+, thus becoming even more efficient.
  • 12/02/22

    The new ID.3 is ready and raring to go

    Volkswagen will be unveiling the new ID.3 to the public this coming spring. The second-generation ID.3 is set to be the latest chapter in the ID. family success story: To date, more than half a million ID. models – built on the basis of the modular electric drive matrix (MEB) – have been delivered to customers around the world. Currently, the ID.3 is produced at the Zwickau and Dresden plants in Germany. However, the production network will be expanded next year to include the main Volkswagen factory in Wolfsburg. This is in order to meet high levels of customer demand for the fully electric compact car.
  • Volkswagen Group and PowerCo SE launch site search for first gigafactory in North America

    The Volkswagen Group and its battery company PowerCo SE founded in July 2022 intend to accelerate the build-up of their global battery business through rapid expansion to North America. Volkswagen CEO Oliver Blume and the Canadian Minister for Innovation, Science and Industry, François-Philippe Champagne, signed in Wolfsburg today an Addendum to the non-binding Memorandum of Understanding (MoU) of August this year to identify suitable sites for a cell factory in Canada. The two parties will continue their cooperation in the areas of battery value creation, raw material supply chains and cathode material production which had been established in August. Furthermore, PowerCo and materials technology group Umicore have agreed to investigate a strategic supply agreement on cathode material for North America. In September, the two companies had announced that they would cooperate in Europe by forming a joint venture for precursor and cathode material production.
  • 09/09/22

    Volkswagen presents all-electric ID. XTREME off-road concept car in Locarno

    Electrifying surprise at the ID. Treffen in Locarno: Volkswagen presents the ID. XTREME in Ticino today, an exceptional off-road concept car that will generate an enthusiastic response among the many electric mobility fans at the event. The fully electric concept car with all-wheel drive system is based on the ID.4 GTX and combines the strengths of a modern SUV with the sense of adventure embodied by a rugged off-road vehicle.
  • Volkswagen Group and Canada aim to advance sustainable battery supply chain in North America

    Volkswagen AG and the Government of Canada aim to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. This was agreed in a "Memorandum of Understanding" (MoU) signed today in Toronto by Volkswagen CEO Herbert Diess and Canada's Minister of Innovation, Science, and Industry, François-Philippe Champagne, in the presence of German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau. Both parties will investigate opportunities for Canada to contribute to Volkswagen’s global and regional battery supply chains. PowerCo, the newly founded battery company of the Group, has a central role in these efforts and will drive forward the planned cooperation in the fields of battery value creation, raw materials supply chains and cathode material production in the North American region.

Stories

Volkswagen ID.4
04/23/21

“Ranges of over 500 kilometres will soon be a matter of course”

Prof. Maximilian Fichtner is an internationally renowned expert in battery technology. In an interview, he talks about improved battery systems, alternatives to the use of cobalt and the climate advantage of e-cars.
Volkswagen ID.4
02/03/21

A car for all occasions

Plenty of space for family and leisure, compact for city traffic, and comfortable over longer journeys – there’s really nothing the new Volkswagen ID.4 can’t do.
Battery recycling pilot plant

From old to new – Battery recycling in Salzgitter

Something is happening in Salzgitter that has never been seen before in the Volkswagen Group – the first plant for recycling used electric car batteries is beginning operations. We look back at the development of this innovative and sustainable process.

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