Volkswagen Group to Increase E-Cars “Virtually Every Month”

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Photo by: Overlaet via Wikimedia Commons

 

German multinational automaker Volkswagen Group is charging up to scatter at least 16 electric car production plants in different parts of the world within four years, according to Business Day.

During the annual media conference of the Volkswagen Group in Berlin, the company’s CEO Matthias Müller confirmed the company's plans of building more than 3 million electric vehicles each year by 2025. The German businessman even shared that they have already chosen the suppliers of their battery cell and that they have also inked technology contracts that are worth $25 billion for China and Europe alone. The US deals are set to follow, he adds.

The Volkswagen Group will reportedly plan to have the EVs wearing the 12 automotive brands of their company, including its trucking companies, Scania and MAN, and VW Commercial operation.

Müller continued that starting 2019,  the group that owns Bugatti, Skoda, Seat, Lamborghini, Bentley, Audi, and Porsche will unveil a new EV “virtually every month.” He also said that they will release 80 new electric vehicles and SUVs in 2025, focusing more on Audi, Porsche, and Volkswagen.

“This is how we intend to offer the largest fleet of electric vehicles in the world, across all brands and regions, in just a few years,” the CEO said.