Volkswagen– which spends the most of any leading carmaker on R&D – is putting the pedal to the metal in the race to produce the electric cars of the future.
As part of its goal of selling more than 1 million e-vehicles per year by 2025, VW plans to invest about EUR 44 billion –about 1/3 of total expenditures – in e-mobility, autonomous driving, new mobility services and digitalization by 2023. Five plants, three in Germany and two in China, will be modified to exclusively manufacture electric vehicles.
From 2020, VW will launch the I.D. family, an entirely new generation of full electric vehicles. These cars will be based on the new Modular electric drive matrix (MEB); each of the new I.D. models has a range comparable with current petrol models. The first models will be the I.D. compact and the I.D. CROZZ SUV, which will debut in 2020. The next model in the series will be the zero-emission I.D. BUZZ van to be launched in 2022.