13 Mar '18, 1pm

#Volkswagen to expand production of electric vehicles worldwide on a massive scale

The Volkswagen Group is driving forward with the transformation to e-mobility. 16 locations around the globe are to produce battery powered vehicles by the end of 2022. This was announced by Matthias Müller, CEO of Volkswagen AG, at the Group’s Annual Media Conference in Berlin. The Group currently produces electric vehicles at three locations, and in two years’ time a further nine Group plants are scheduled to be equipped for this purpose. To ensure adequate battery capacity for the massive expansion of environmentally-friendly electric mobility, partnerships with battery manufacturers for Europe and China have already been agreed. The contracts already awarded have a total volume of around EUR 20 billion. A supplier decision for North America will be taken shortly. “Over the last few months, we have pulled out all the stops to implement ‘Roadmap E ’ with the necessary sp...

Full article: https://electriccarsreport.com/2018/03/volkswagen-to-expa...

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