I sell of VW: Volkswagen goes for electric cars in full

In the midst of the biggest crisis in its history, the Volkswagen Group is accelerating its transformation into an electric car supplier. According to the corporate environment, next Friday (November 16th) the supervisory board will start the plan of CEO Herbert Diess to convert three plants to the production of purely battery-powered vehicles in the coming years, two more than previously planned .

The small Passat middle class car must be transferred from Emden to a Skoda factory in the Czech Republic. This should be created at the VW plant in East Frisia with 9,000 employees to build large-scale electric cars. Also the VW transport facility in Hanover should be reversed. At Zwickau in Saxony, these preparations are already under way. "With this strategy, we want to guarantee employment in a high-priced country," said a top manager.

The world's largest carmaker is under pressure due to the diesel crisis and the more pronounced climate problems caused by it and now goes on the offensive. "We do not just want to respect the laws, we want to go further," said the insider. The goal is to meet the requirements of the Paris Climate Agreement. Air for associated investments, the Group wants to achieve through billions of dollars savings programs at different brands. "We have to do it alone." It is unlikely that the decision to invest € 34 billion in electromobility, autonomous driving, digitization and new mobility services by the end of 2022 will increase significantly.

To have the necessary amount of energy storage available for the planned increase in the number of electric cars, Lower Saxony is negotiating with several insiders a partnership with the Korean battery cell manufacturer SK Innovation. The goal is to build a battery cell factory in Europe, as defined in corporate environments. In Germany, it is currently not economically feasible without massive political help. "Politics and business should shape the future together," said a top manager. According to an internal company, the plans of the Federal Minister of Economics Peter Altmaier (CDU) are independent of this and have promised initial funding for an industrial consortium for the production of batteries. Details are expected next week when Altmaier speaks at a congress in Berlin on electric mobility.

E-CAR FOR 20,000 EUROS

Volkswagen's plans for the Emden plant envisage the construction of a particularly favorable electric model with a capacity of 200,000 units per year. The vehicle called "MEB entry" internally should be available for less than 20,000 euros. In addition, the electric Passat I.D. Aero with an amount of 100,000 units leaves the line, with which Emden would reach a capacity of about 300,000 vehicles.

In Hannover, the electric successor Bulli I.D. Buzz will be built with a number of over 100,000 units. The plant, in which, among other things, the Transporter T6 leaves the line, it should obtain more electric vehicles in the coming years, including the experts according to the SUV Lounge and the I.D. Cargo. For this purpose, part of the production of the transporter must be delivered to an establishment of the future Ford partner in Turkey. According to insiders, the second largest automaker in the US is negotiating a broad alliance between autonomous cars and battery-powered urban runabouts.

The Zwickau plant has already been converted into a European site for mass production of electric vehicles. The beginning will be there at the end of 2019 the I.D. compact. Neo, the VW praises the first "zero emission vehicle". L & # 39; I.D. The cross should follow from 2020. To make room, the production of the Passat in Zwickau was interrupted in the summer. The Golf and Golf variants, which are still coming down from the production line, will gradually be sold to the parent factory in Wolfsburg.

In the future, the Passat will be produced at the Skoda plant in Kvasiny, Czech Republic, where the Superb is already in production. Both models share the same platform. To this end, the Ateca off-road vehicles of Seat and Karoq of Kvasiny will be transferred to a new plant, which Volkswagen is planning with a capacity of 350,000 units in Eastern Europe. You are still looking for a position.

rTR

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Source: Volkswagen AG

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