Thursday, September 28, 2017

VW To Go Electric on 2030

VW Electric
Volkswagen is the latest carmaker giant to announce a move to electrify its entire range of automobile offerings: The carmaker will provide either hybrid or electric versions of every one of its 300 models by 2030, it announced last 12 September ahead of the Frankfurt Motor Show in German.

VW's not the first to make a similar commitment – and in fact Daimler's Mercedes-Benz announced it was going to do the same by 2022. However, the Volkswagen Group's vehicle range is quite a bit larger than Mercedes-Benz's, which makes this a more significant overall commitment.

By 2025, Volkswagen plans to offer 80 new electric vehicles across its group and sub-brands, which include Audi, Bentley, Bugatti and the Volkswagen brand itself. VW has committed to spend nearly US$ 23 billion U.S. on getting this plan in place via zero emissions technology investment, and it also said it would commit more than US$ 55 billion towards purchasing batteries to provide power for these vehicles.

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