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Volkswagen again invested heavily in future technologies in 2020, spending a total of EUR 2.7 billion during a year overshadowed by Covid-19. The brand is thus laying the foundations for getting its new ACCELERATE strategy off to a successful start. The first milestones will be achieved this year. Volkswagen anticipates a big e-mobility push, with over 450,000 electric vehicles being delivered to customers in 2021, more than double the 2020 figure. Digitalization is being continuously driven forward and Volkswagen will reach the first customers with its business model 2.0 by the summer: testing with subscription models and optional additional functions on demand will begin in six German cities. The brand also expects this to generate hundreds of millions of euros in revenue over the coming years. Online vehicle sales will also start in the summer.

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Robin Aschhoff
Head of Communications Volkswagen Brand
Tel. +49 (0) 5361 / 9-88727
Jörn Roggenbuck
Spokesperson Volkswagen Brand
Tel. +49 173 3760755
Christoph Oemisch
Spokesperson Finance & Sales (Group)
Tel. +49 (0) 5361 / 9-18895