Skip to content
12/07/18
Wolfsburg
Technology

Volkswagen and suppliers start countdown to ID.

Dr. Herbert Diess, CEO Volkswagen Group, Ralf Brandstätter, COO and Board Member Procurement Volkswagen brand, and Thomas Ulbrich, Board Member E-Mobility Volkswagen brand, together with CEOs of top suppliers of the Volkswagen ID.
  • More than 30 CEOs from suppliers meet Group CEO Diess and Volkswagen brand Board members
  • Volkswagen ID. is the start of the largest electric offensive in the automotive industry
  • Up to 15 million vehicles based on MEB expected in first wave; investments of €11 billion up to 2023
  • New types of cooperation between manufacturer and component suppliers

About one year before the start of production of the fully electric ID., Volkswagen has announced further details of its electric offensive. Throughout the Group, up to 15 million vehicles based on the Modular Electric Toolkit (MEB) are to be built in the first wave, compared with 10 million vehicles according to previous plans. Up to 2023, the brand will be investing more than €11 billion in e-mobility, digitalization, autonomous driving and new mobility services, including more than €9 billion in the ID. family. The electric offensive was also a topic at the MEB Supplier Event. Yesterday, more than 30 CEOs from the key component suppliers came to Wolfsburg to usher in the hot phase of preparations for the ID. together with Dr. Herbert Diess, CEO of the Volkswagen Group, and members of the Volkswagen brand Board of Management.

Your media contacts

Andreas Groß
Future Technology Communications
Tel. +49 (0) 5361 / 9-89043
Leslie Bothge
Spokesperson Production / Procurement
Tel. +49 (0) 5361 / 9-21549