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Strategy update at Volkswagen: “The transformation to electromobility was only the beginning”.

Five years ago, we launched the transformation of the Volkswagen brand: With the TRANSFORM 2025+ strategy, the company has completely realigned itself. We have renewed our model range from the ground up. Volkswagen has made a clear commitment to e-drive vehicles. We are already on our way to CO₂-neutral mobility for all!

Press releases

  • 12/07/22

    Volkswagen accelerating transformation of Wolfsburg plant

    Volkswagen is making the Wolfsburg site fit for the future: the brand will be making an initial investment of some €460 million in the main factory at the Group headquarters by the beginning of 2025. This was announced on Wednesday by CEO Thomas Schäfer during a works meeting in Wolfsburg. The investment is primarily earmarked for preparations to produce the new ID.3. The compact electric car will be leaving the assembly line in Wolfsburg from 2023 – initially in partial production, with full production slated from 2024. Ramp-up is due for completion by the end of 2025. The necessary training measures for the workforce are currently being prepared. Post-ID.3 ramp-up, a further all-electric model for the booming SUV segment is to boost Wolfsburg’s capacity utilization for EV production over the long term. The technical basis for the new model is the Modular Electric Drive System (MEB). Volkswagen’s e-car platform is to undergo substantial further development as the MEB+, thus becoming even more efficient.
  • 03/16/22

    One year of ACCELERATE strategy: Volkswagen strengthens efficiency and speeds up transformation

    Volkswagen made good progress in its transformation into a tech company in the first year of its ACCELERATE strategy. Important milestones were achieved in 2021 with respect to the key elements of e-mobility, digitalization and new business models. At the same time, the company gave a sustained boost to efficiency in a challenging competitive environment: There was an appreciable increase in sales revenue, return and operating profit in the last fiscal year despite significantly lower unit sales.
  • Volkswagen and Ford expand collaboration on MEB electric platform

    Ford Motor Company and the Volkswagen Group are expanding their e-mobility partnership. Ford plans to produce another electric model for the European market based on the MEB platform. The automaker will also double its planned MEB volume to 1.2 million units over a six-year timeframe. The agreement was signed as part of the strategic alliance between Volkswagen and Ford, which includes e-mobility, commercial vehicles and autonomous driving. Designed as an open vehicle platform, the MEB (Modular Electric Toolkit) allows car manufacturers to electrify their portfolio quickly and cost-effectively.
  • 03/04/22

    Go-ahead for new Trinity plant: Milestone for the future of the Wolfsburg production location

    Volkswagen has reached another milestone in its transformation journey: A new manufacturing facility for the Trinity electric model is to be built close to the main plant in Wolfsburg, with investment totaling some €2 billion. The Group’s Supervisory Board passed a resolution to this effect today. The new Trinity factory is a key component of the largest modernization program in the history of Volkswagen’s main location. Construction work in the Warmenau district of Wolfsburg is to begin as early as spring 2023 and will take account of building and environmental law. In so doing, the new site will meet high environmental standards. To that end, Volkswagen will engage in an intensive exchange with the relevant authorities as well as with stakeholders. The net carbon-neutral Trinity model, built using the most innovative manufacturing methods, is to roll off the assembly line from 2026. The new facility with its optimized processes will therefore become a model for the gradual transformation of production at the main Wolfsburg plant along with all other Volkswagen manufacturing sites worldwide.
  • Volkswagen realigns Technical Development: shorter product cycles and faster digital offerings
    03/03/22

    Volkswagen realigns Technical Development: shorter product cycles and faster digital offerings

    In its drive to become a technology company, Volkswagen is realigning its Technical Development (TD) division in Wolfsburg. This involves turning the Group’s largest engineering unit with 11,500 employees into a pace-setter for the Volkswagen brand’s transformation into a technology company. The main emphasis is on a complete redesign of the development process, making it interdisciplinary, focused squarely on software, customer requirements and SSP, Volkswagen’s electric platform of the future, and centered on functions rather than individual components. This is expected to cut development time by about a quarter, increase the speed of new software releases and also significantly accelerate manufacturing processes in production. TD will thus become an important pillar for the transformation of development for the Group.
  • Volkswagen ID.5 GTX
    01/24/22

    Volkswagen Passenger Cars again significantly exceeds European CO2 fleet targets for 2021

    Based on preliminary figures, Volkswagen Passenger Cars has exceeded the ambitious European CO2 fleet targets for 2021 and produced around 5.5 million grams fewer CO2 than required by law. The passenger car fleet of new vehicles in the European Union achieved average CO2 emissions of 113 g/km – the legal CO2 target for the brand was 119 g/km. In 2021, the realistic WLTP standard replaced the old NEDC. Volkswagen had already over-fulfilled the targets for 2020.

Stories

Volkswagen ID.3
04/29/21

All-green electric: The ID. Family goes carbon-neutral

Volkswagen has committed itself to the Paris climate agreement. Which is why the company delivers ID. Family vehicles to customers with a carbon-neutral balance. In order that electric vehicles remain carbon-neutral during their usage phase, they must be charged with green electricity. To ensure that this is in good supply, Volkswagen supports investments in the generation of additional green electricity.