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Fuel cell (FCEV) Plug-in hybrid (PHEV) Combustor (ICE) Volkswagen has launched the most extensive e-offensive in the global automotive sector 20302025 Goal: Electrification of the entire model portfolio  25% of new Group vehicles will be powered solely by electricity  50 BEVs + 30 PHEVs.  At least one electric version of each of the Group’s > 300 models. Concept Cars Volkswagen is driving forward e-mobility like no other volume manufacturer > 50 New fully electric vehicles by 2025 ID. Neo ID. Crozz ID. Buzz ID. Vizzion Taycan 1st wave Vision E Mission E Cross Turismo e-tron GT e-tron Sportback Konzept ~ 30 Billion € invest by 2023 ~ 15 Million MEB vehicles in the first wave Concept Cars Volkswagen will achieve major economies of scale by producing MEB vehicles worldwide Chattanooga USA Emden Germany Hanover Germany Zwickau Germany Mladá Boleslav Czech Republic Dresden Germany Anting China Foshan China Eight e-sites to be set up worldwide by 2022: The Volkswagen brand’s e-offensive is based

CO₂-neutral vehiclesProduct portfolio 2020 • BEV • FCEV • PHEV CO₂ emissions Volkswagen has begun the transformation to a carbon-neutral company These vehicles are not yet for sale in Europe. The largest electric offensive in the global automotive industry is at the heart of our strategy 1st wave 30 billion euros invested through 2023 22 million vehicles through 2028 70 new fully electric models through 2028 18 e-sites worldwide, incl. 8 MEB plants billion euros for battery cell production ID. ID. CROZZ ID. BUZZ ID. VIZZION Taycan VISION iV Mission E Cross Turismo e-tron GT e-tron Sportback concept 250 million euros for charging infrastructure ~ 1 ~ ~ ~ ~ These vehicles are not yet for sale in Europe. But: there are still some prejudices about e-mobility Price: “EVs are too expensive!”#1 Range: “The range is too short!”#2 Product: “EVs aren’t attractive!”#3 Environment: “EVs aren't clean either!”#4 Charging: “There aren’t enough charging stations!”#5 The ID.3 removes most of these prejudices…

are now rapidly increasing our BEV volume and scaling up MEB use around the world. In this way, we are again highlighting that the Volkswagen brand is the Group’s modular champion. Already today, around 80 percent of the Group’s volume is based on Volkswagen technology. ID.4 - power consumption in kWh/100 km (NEDC): combined 16.9-15.5; CO₂ emissions in g/km: 0; efficiency class: A+ ID.6 X/CROZZ not sold in Germany. ID.4 GTX concept car ID.5 concept car In 2021, we will launch further model based on the MEB platform in addition to the ID.4. In the second half of the year, we’ll launch the ID.6 X or Crozz, a seven-seater electric SUV developed specially for the Chinese market. In Europe, we’ll add the sporty and very exciting ID.5 in the further course of the year. 15 Overall, we expect to more than double our electrified vehicle sales this year to about 450,000 units. As a result, we’re making good progress to becoming the world market leader in electric mobility. It goes without saying that

in kWh/100 km (NEDC): combined 15.6-16.3; CO₂-emissions (combined) in g/km: 0; efficiency class: A +++. 9 ID.5 – power consumption in kWh/100 km (NEDC): combined 16.2; CO₂-emissions (combined) in g/km: 0; efficiency class: A+++. 10 ID.4 GTX - power consumption in kWh/100 km (NEDC): combined 17.4, CO₂-emissions (combined) in g/km: 0; efficiency class: A+++. 11 ID.5 GTX – - power consumption in kWh/100 km (NEDC): combined 17.1; CO₂ emissions (combined) g/km: 0; efficiency class A+++. 12 ID.6 X/CROZZ - The model is not offered for sale in Germany. 13 ID. LIFE Concept Car 14 ID. Buzz - ID. Buzz - The vehicle is a near-production concept car and has not gone on sale yet. 15 ID. AERO Concept Car 16 Trinity Concept Car