Economy

Volkswagen plans all-electric vehicle range by 2030

Volkswagen plans all-electric vehicle range by 2030”

Volkswagen has announced it will offer at least one electrified variant of every model across all brands and markets by 2030.

Growing restrictions and charges for diesel and gasoline vehicles are spurring the rise of electric cars, although analysts say big investments in charging points and power networks will be needed to serve a mass market.

Matthias Muller also went to mention how Volkswagen as an automaker has to take an active step towards the global electrification of automobiles and plans to be the world's largest electric automaker by 2025.

It follows similar moves by BMW, Jaguar Land Rover and Mercedes-Benz.

"We have got the message and we will deliver" Mueller said, referring to the diesel emissions scandal and events that followed. "And we will lead that transformation", Mueller said. "It is a strong self-commitment which, from today, becomes the yardstick by which we measure our performance". Muller said the Group was initially aiming for electric models with a range of around 370 miles, and was also conducting research into solid state battery technology with a potential range of 1000 miles.

Since then, huge advances in battery technology and an worldwide crackdown on pollution in the wake of Volkswagen's diesel scandal have raised pressure on automakers to accelerate development of zero-emission alternatives.

In the run-up to this month's election, Mrs Merkel said the vehicle industry needed to regain the public's trust.

China, the world's biggest auto market, became the latest to signal such a move over the weekend, although it did not set a date.

The news also follows the big announcement from this weekend that China would be banning fossil fuel burning vehicles eventually, joining commitments made by the United Kingdom and France before.



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