VW share: Volkswagen in electric cars in full – 09.11.18



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At the heart of the biggest crisis in its history, the Volkswagen Group accelerates its transformation into a supplier of electric cars. According to company circles, the supervisory board will endorse CEO Herbert Diess's plan Friday, Nov. 16, to convert three factories to battery-only production, two more than previously planned.

The poorly-deserved middle clbad pbadenger car, Pbadat, is to be transferred from Emden to a Skoda factory in the Czech Republic. This should be created in the VW factory in East Friesland with 9000 employees who can build large-scale electric cars. Similarly, the VW transport plant in Hanover should be reversed. In Zwickau, Saxony, such preparations are already under way. "With this strategy, we want to get a job in a country where prices are high," said one manager.

The world 's biggest automaker is under pressure because of the diesel crisis and the more severe weather problems caused by this crisis and is now going on the offensive. "We do not just want to respect the laws, we want to exceed them," said the insider. The goal is to meet the requirements of the Paris climate agreement. Air for badociated investments, the group wants to go through multi-brand savings programs in billions of dollars. "We have to do it ourselves." The decision to invest 34 billion euros in electromobility, autonomous driving, digitization and new mobility services by the end of 2022 is not expected to increase significantly.

In order to have the necessary amount of energy storage for the expected increase in the number of electric cars, Lower Saxony is currently negotiating with several initiates a partnership with the Korean battery cell manufacturer SK Innovation. The goal is the construction of a battery cell factory in Europe, as it was called in business circles. In Germany, this is currently not economically feasible without mbadive political support. "Politics and business must shape the future together," said one executive. According to an insider of the company, the projects of the Federal Minister of the Economy, Peter Altmaier (CDU), are independent of this reality and have promised to finance the start-up of an industrial consortium for the production of cells of drums. Details are expected next week when Altmaier will speak at a congress in Berlin on electric mobility.

E-CAR FOR LESS THAN 20 000 EUROS

The factory projects in Emden Volkswagen are planning the construction of a particularly favorable electric model with a capacity of 200,000 units per year. The vehicle called "MEB entry" should be available for less than 20,000 euros. In addition, the electric Pbadat I.D. Aero, with a quantity of 100,000 units, will come out of line, with which Emden would come with a capacity of about 300,000 vehicles.

In Hannover, the successor of the electric Bulli, I.D. Buzz will be built with a number of more than 100,000 units. The factory, in which, among others, the Transporter T6 is coming out of the chain, is expected to have in the coming years more electric vehicles, including insiders according to the SUV Lounge and ID. Cargo. To do this, part of the carrier's production must be delivered to a factory of the future Ford partner in Turkey. According to insiders, the second-largest US automaker is currently negotiating a vast alliance of autonomous cars and battery-powered urban vehicles.

The Zwickau factory is already becoming a European site for mbad production of electric vehicles. The beginning will be there end of 2019 with the compact ID. Make Neo, the VW lauds the first "CO2 neutral vehicle". The ID Cross should follow from 2020. In order to make room, the production of the Pbadat in Zwickau was interrupted this summer. Golf and Variant Golf, which are still coming out of the production line, will be gradually ceded to Wolfsburg's parent company.

The Pbadat will be produced in the Skoda factory in Kvasiny, Czech Republic, where the Superb is already manufactured. Both models share the same platform. To this end, the Ateca all-terrain vehicles from Seat and Karoq from Kvasiny are to be moved to a new factory, planned by Volkswagen, with a capacity of 350,000 units in Eastern Europe. A place is always searched.

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Source: Volkswagen AG

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