The new Board of Management division "E-Mobility", headed by Thomas Ulbrich, pools the electric activities of the brand and firmly links this key topic of the future to the Board of Management. From 2020, the Volkswagen brand plans to introduce an entirely new generation of full electric cars based on the modular electrification toolkit (MEB). Preparations for this offensive are proceeding to schedule. With an investment of about €1 billion, the brand will transform the Zwickau plant into the European competence centre for e-mobility and will produce all the MEB vehicles for the European market there. In future, up to 1,500 MEB vehicles per day are to roll off the production line at the plant. Other competence centers are planned in China and North America. This will mean that the next generation of electric cars will be launched at almost the same time in the three major regions. The first model in the I.D. family, the Volkswagen I.D., is to be launched in 2020. This is to be followed at short intervals by other models including an electric SUV – the I.D. CROZZ – and the I.D. BUZZ, the bus of the future. With the I.D. VIZZION, Volkswagen gave a glimpse of the future flagship of the I.D. family only a few days ago. The study highlights the considerable potential of the MEB., In addition to the vehicles themselves, Volkswagen is also developing a comprehensive ecosystem from the charging point via green power to digital services. This will make the changeover to an electric car as simple and attractive as possible. "The strong demand for the Golf shows that the electric car is increasingly making a breakthrough. When the technology and the price are right, customers are ready to change over. With the I.D. family, we will take the lead in the electric movement," says Diess. Outlook for 2018: deliveries, sales revenue and result to improve still further Volkswagen made a good start in the 2018 financial year.