Volkswagen plans to become the global leader in the electric vehicle market by 2025

The management of the German auto concern Volkswagen Group (VW) presented on Tuesday the company’s global development program for the next decade. It implies large-scale investments in the production of batteries and a constant increase in the share of electric vehicles in the group’s sales. And the main goal of the new program is VW’s leadership in the electric vehicle market by 2025.

The concern intends to gradually completely switch to modular production of electric vehicles based on the Modular Electric Drive Toolkit (MEB) platform, which will be deployed in Europe, China and the USA. By next year, the concern plans to produce 22 models of machines based on MEB. At the same time, next year, the concern intends to launch the Premium Platform Electric (PPE) premium platform for the production of faster electric vehicles with shorter recharging times, as well as the next generation Scalable Systems Platform (SSP), on the basis of which cars of all brands will be produced in the future. which are part of the concern.

Volkswagen tripled its electric vehicle sales in 2020 over the previous year. Already this year, the company intends to increase the sales of electric vehicles to 1 million, by 2025 – to become the world leader in the production of electric vehicles, and by 2030 – to increase the share of electric vehicles in the total sales of the company in Europe to 60%. To achieve these goals, the concern plans to invest € 46 billion in the transition to the production of electric and hybrid vehicles in the next five years. In particular, to ensure such a rapid growth in the production of electric vehicles, the concern will invest in the production of unified batteries for its electric vehicles. Together with partners, VW intends to build six battery factories with a total production capacity of 240 GWh. In addition, the company, together with partners, will expand the network of fast charging stations for electric vehicles in Europe to 18,000 by 2025. This is five times more than it is now. In China, the company will operate 17,000 stations by 2025, and in the United States it will operate about 3,500 by the end of 2021.

Kirill Sarkhanyants