Volkswagen Plans to Build 10 Million E-Cars in the First Wave.
By the end of 2022, Volkswagen plans to build 10 million electric cars based on its new modular MEB platform as it targets the launch of a worldwide mass production.
Volkswagen will build 27 models for four group brands based on the MEB or Modular Electrification Kit, starting with the Volkswagen I.D. model that will hopefully be rolling of the production line in Germany later next year.
After the diesel emissions scandal happened three years ago, Volkswagen unveiled an ambitious plan to become the world leader in the motor industry in green transport.
The plans are to invest in 6 billion euros (5.32 billion pounds) in e-car production, of which 1.3 billion will be invested into Volkswagens plants at Braunschweig, Salzgitter and Kassel.
Thomas Ulbrich, Volkswagen’s head of electric mobility, said in a presentation in Dresden “In the first wave alone, around 10 million Volkswagen group cars will be based on this platform.”
Volkswagen have not given a timeline for this but stood by the existing target of selling 3 million units per year by 2025 of the 50 battery-powered group models it plans.
Volkswagen, like other German auto makers, is pushing the volume production of electric cars as U.S. rival Tesla, struggles to scale up manufacturing of its model 3, and its first car to target the mass market.