Volkswagen shifts to next gear in electromobility race

March 13, 2019 //By Christoph Hammerschmidt
Volkswagen: Electromobility, job cuts ahead
Carmaker Volkswagen is pushing ahead with the system change in drive technology and will increasingly focus on electric drives in the future. According to latest plans, the company intends to increase not only the number of electrically powered models, but also the number of electric vehicles produced. The changeover costs money, but also many jobs: According to a press release, the vehicle manufacturer plans to reduce the headcount in its core business by up to 7000.

Over the next ten years, the carmaker plans to launch almost 70 new electro models on the market. This should also increase the projected production volume from 15 to 22 million units.

By 2025, the CO2 footprint of the vehicle fleet is to be reduced by 30 percent over its entire life cycle compared to 2015. Accordingly, Volkswagen will electrify its vehicle portfolio and invest more than 30 billion euros in the renewal process by 2023. The share of electric vehicles among all cars produced is to increase to at least 40 percent by 2030.

The core of Volkswagen's electrical thrust is the MEB Modular Drive Matrix. The company has announced to open up this design kit to competitors and thus achieve economies of scale. The aim is to significantly reduce the costs of e-mobility through partnerships and the widest possible dissemination of the platform. A first cooperation partner is the Aachen-based e-car startup e.GO. The kit is also increasingly finding friends in the Volkswagen Group itself; the Spanish VW sister company Seat recently announced that it was developing its own electric model based on the MEB.

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