Photo: Jens Meyer, Associated Press
Volkswagen plans to launch approximately 70 new electric models by 2028.
Volkswagen plans to produce 22 million electric vehicles in ten years and reduce the carbon footprint of the entire fleet of automobiles to 30 %.
This is a major shift for the German automaker, which has assembled in the last year less than 50 000 electric vehicles. Volkswagen is accelerating its production of less polluting vehicles in order to comply with the limits of the european polluting emissions and comply with the requirements of the China, which calls for more vehicles to be low emission.
Volkswagen plans to launch approximately 70 new electric models by 2028. This focus is all the more pressing that the operating margin of its main brand fell last year to 3.8% from 4.2% in 2017, penalised by the introduction of new emissions standards. It now plans to build 22 million cars on its platforms of electric vehicles by 2028, compared to 15 million cars estimated previously, one can read in a text from the Reuters news agency.
This is the number of electric models provided by Volkswagen by 2028.
The brand wants to market a new electric vehicle as early as 2020 and is aiming for a rate of return on holdings of 6% by 2022, but this will involve cutting jobs. “The reality is that the construction of an electric car requires about 30 % less effort than a car with internal combustion engine “, explained the president of the management board, Herbert Diess, during a press conference. Volkswagen intends to respond by linking more closely the compensation of its executive officers and the group’s profitability, simplifying its production and compressing its workforce. The magnitude of job cuts was not specified, indicates to Reuters.
Volkswagen focuses on electric cars after the scandal of fraud in the emissions of its diesel engines. The manufacturer announced on Tuesday the launch of approximately 70 new electric models by 2028, and has warned that this mutation would lead to job cuts.
With The Duty