Volkswagen Will Launch A New EV "Virtually Every Month" From 2019

Fredrick Soto
March 17, 2018

Until its "dieselgate" emissions scandal was revealed two and a half years ago, Volkswagen (VW) had been slow to embrace electric cars.

"Roadmap E" was launched by Volkswagen last September, with the aim of bringing 80 new EVs to the market by 2025 and the promise of a €20bn investment for the industrialisation of e-mobility.

As part of VW's €20bn push into electric cars, it is setting up a standalone subbrand for battery-powered vehicles. The automaker has also revealed that it wants to set up 16 new electric vehicle production facilities and the brand is keen to launch around 300 different electric-powered models by 2030. Volkswagen calls the plan "Together - Strategy 2025" and it includes plans for 300 electrified vehicles by 2030, many of which will be electrified versions of current models.

Müller today admitted it had found space for another nine electrically powered cars, including three more pure BEVs.

"This is how we intend to offer the largest fleet of electric vehicles in the world, across all brands and regions, in just a few years", Müller said at Volkswagen's annual media conference in Berlin, according to a company statement.

German auto maker Volkswagen is planning to plough around €20 billion into a string of electric vehicle projects across Europe and China.

A number of VW Group newcomers were presented last week at the Geneva International Motor Show, among them the Audi e-tron, the Porsche Mission E and the I.D. A supplier decision for North America will also be taken shortly. "With Roadmap E, we have sent a powerful message of our resolve", Müller stated.

The announcement comes after Volkswagen's diesel emissions scandal pushed it towards an electric agenda to save face.

VW brand will launch its first new-generation EV, the I.D. hatchback, in 2020 followed at short intervals by other I.D. models including the I.D. Crozz SUV and I.D. Buzz minivan.

"We are putting nearly 20 billion Euro into our conventional vehicle and drive portfolio in 2018, with a total of more than 90 billion Euro scheduled over the next five years", he says.

On its outlook for 2018, Volkswagen Group said it expects deliveries to customers to moderately exceed the prior-year figure.

Development spending declined 3.9% to €13.1bn in 2017, equivalent to 6.7% of sales.

The brand said its operating margin might come in between 4 percent and 5 percent this year, a range it said it would also maintain in 2020, the year before a new lower limit of 95 grams of Carbon dioxide per km takes effect.

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