Volkswagen Aims to Put 22 Million Electric Vehicles on the Road in 10 Years

Volkswagen Group has announced that its decarbonization plan has been signed off with a target of going carbon dioxide (CO2)-neutral by 2050. This reaffirms the German automaker’s commitment to electrification and it has raised the stakes even more by adding 20 more EV models in its product plans on top of the 50 it originally announced to launch. In total, Volkswagen will flood the market with 22 million EVs within 10 years’ time.

Herbert Diess, Volkswagen Group CEO, said that the automaker is using the Paris Agreement to create their goals and that it will change everything throughout the manufacturing process to minimize their vehicles’ environmental impact. Diess also noted that the automaker also needs to make improvements in efficiency and performance across the company. Three principles will be employed in Volkswagen’s electrification offensive: find ways to effectively reduce CO2 emissions, switch to renewable energy sources, and compensate for unavoidable emissions.

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As part of its EV offensive, it has also enlisted four other companies to support it, LG Chem, Samsung, SKI and CATL. All four companies will be supplying battery cells to the Volkswagen Group. Volkswagen is also entertaining the possibility of making its own batteries with its partner QuantumScape and is planning to investigate the viability of solid-state batteries.

From manufacturing to the rest of the vehicle’s life cycle, Volkswagen intends to cut emissions as much as possible. Plants are expected to produce 50 percent less CO2 emissions by 2025 while power stations like the one in the Wolfsburg facility are projected to cut CO2 output by 1.5 million tons annually from 2023 thanks to its conversion from coal to gas.

The key to the Volkswagen Group’s electrification offensive will the MEB platform, which will be used in production ID hatchback. Volkswagen has also announced that it will give other companies access to the MEB platform in order to achieve lower costs and spread the architecture across more vehicles. By doing so, Volkswagen says that it will make electrification more affordable and accessible.

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