2024-05-29 22:07:53
Volkswagen's Ambitious Ten-Year Plan: Targeting Affordable Electric Cars
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Tagesschau - Wirtschaft und Börsen-Nachrichten
Annual General Meeting VW plans to build a 20,000-euro electric car without a partner
Economy
Environment
At its annual general meeting, VW presented plans to build a small electric car without a partner. The company plans to produce an electric car priced at around 20,000 euros from 2027 onwards. VW CEO Blume emphasized that this is a commitment to the European location.
heise online
Electric car "VW ID.1" for 20,000 euros: VW CEO Blume wants to speed up development | heise Autos
Economy
Technology
Politics
Finance
Volkswagen is planning to accelerate the development of an entry-level electric model priced at 20,000 euros to establish a foothold in the electric entry segment. The development time for the model, with the working title 'VW ID.1', is set to be significantly reduced to 36 months. CEO Blume emphasizes the importance of electromobility for the future of the automotive industry and calls for more support from the government.
n-tv.de
"North Star for Action": VW announces ten-year plan - Cheap electric cars will be built abroad - n-tv.de
Economy
Environment
Finance
Volkswagen has announced that it will present its strategy until 2035 by the end of the year. The car manufacturer is focusing its investments on e-mobility and plans to bring another electric car to the market by 2027 in the price range of around 20,000 euros. Some investors expressed concerns that it could be difficult to significantly increase the electric share to comply with the EU's CO2 targets.
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