Volkswagen’s electric offensive has picked up the pace as planned. In 2019 the company reached important milestones with the world première of the all-electric ID.3 and start of production at the electric vehicle plant in Zwickau. The market launch of the ID. Family is Volkswagen’s number one objective for 2020, and the first ID.3s will take to European roads this summer.
Major investment towards a major goal. Over the next few years Volkswagen aims to become a global leader in terms of electric mobility. To do so, the company is investing €33 billion across the Group by 2024, €11 billion of which has been earmarked for the Volkswagen brand. The Volkswagen brand expects to produce 1.5 million electric vehicles by 2025.
From 2021, the Zwickau plant will be producing up to 330,000 electric vehicles a year, making it Europe’s largest and most efficient electric vehicle plant. Internationally, preparations for the launch of the ID. family are also in full swing in China and the USA. Pre-production has already begun at the Chinese plant in Anting.
Volkswagen is developing business segments linked to electric mobility. Volkswagen has launched into a series of strategic business segments as part of its electric offensive. Recently established subsidiary Elli is forging ahead with the development of the charging infrastructure and is simultaneously also providing the matching renewable energy tariff. With We Charge the brand will launch an independent charging card on the market which Volkswagen customers can use across Europe to recharge at public charging stations. The ID. Charger wall box makes efficient charging at home possible. Volkswagen is also establishing its own charging stations together with its dealerships: a total of 36,000 of these charging points are to be built at retailers and other sites across Europe by 2025.
The modular electric drive matrix is an open platform. Making the modular electric drive matrix (MEB) available to other manufacturers also marks a pioneering step. Ford will be one of the first automotive manufacturers to use it. The company plans to supply the European market with an MEB-based vehicle from 2023 and has estimated sales of more than 600,000 vehicles in six years.
Battery cell production from early 2024. Volkswagen has also taken crucial steps in terms of developing, testing and producing battery cells. Plans are underway to develop a battery cell plant with a capacity of 16 gigawatt hours in Salzgitter from the beginning of 2021. Production is scheduled to start in early 2024. Volkswagen has established a joint venture with Swedish company Northvolt for this purpose.