Photo: Volkswagen
Volkswagen Group, Europe's largest automaker, has announced a new sales target: one million electrified vehicles sold a year, an objective it wants to reach by 2025.
The latest plan from the Volkswagen Group is not something to help the German automaker become an Eco-friendly corporation to compensate for the damage caused by the “Dieselgate” scandal.
Instead, it is an expectation made by the VW Group regarding its sales volumes and future European and worldwide emission limits.
The first step will be expanding the electric and plug-in hybrid range with 20 new models by 2020. Secondly, Volkswagen must also increase production capacity for electrified vehicles, but these are luckily built on existing platforms and in current facilities, so the second objective should not become a hurdle.
As some of you know, the European Union will have stricter emission regulations starting 2021, and automakers with massive sales figures are the most affected, as they need to achieve a predetermined average value on a group level.
That means that the entire Volkswagen Group, with all of its brands, will have to reach a pretty strict average, and electrified vehicles are the only option to help the automaker do this.
Electrified vehicles, as in electric cars and plug-in hybrid models, provide extremely low CO2 emissions when compared to their conventional equivalents. Selling enough plug-in hybrid and electric vehicles will help Volkswagen Group compensate for the existence of some “gas guzzlers” in its portfolio, like Bugatti's Chiron, and many more models like this.
As Thomas Lieber explains to those at Automotive News, European legislation is not the only thing pushing the Old Continent's largest automaker to these objectives. Instead, draft legislation in China is also to blame.
Mr. Lieber underlined the fact that China is preparing a more restrictive legislation concerning emissions, and it is expected to come into full effect sometime after 2020. Since China is the world's largest car market, a place where Volkswagen sells lots of vehicles, things need to be changed.
The same can be said for North America, the world's second-largest car market, where the Volkswagen Group also sells a lot of cars. This market will pose a significant challenge for the German company, as it must recover from a massive image blow from the Dieselgate scandal.
Instead, it is an expectation made by the VW Group regarding its sales volumes and future European and worldwide emission limits.
The first step will be expanding the electric and plug-in hybrid range with 20 new models by 2020. Secondly, Volkswagen must also increase production capacity for electrified vehicles, but these are luckily built on existing platforms and in current facilities, so the second objective should not become a hurdle.
As some of you know, the European Union will have stricter emission regulations starting 2021, and automakers with massive sales figures are the most affected, as they need to achieve a predetermined average value on a group level.
That means that the entire Volkswagen Group, with all of its brands, will have to reach a pretty strict average, and electrified vehicles are the only option to help the automaker do this.
Electrified vehicles, as in electric cars and plug-in hybrid models, provide extremely low CO2 emissions when compared to their conventional equivalents. Selling enough plug-in hybrid and electric vehicles will help Volkswagen Group compensate for the existence of some “gas guzzlers” in its portfolio, like Bugatti's Chiron, and many more models like this.
As Thomas Lieber explains to those at Automotive News, European legislation is not the only thing pushing the Old Continent's largest automaker to these objectives. Instead, draft legislation in China is also to blame.
Mr. Lieber underlined the fact that China is preparing a more restrictive legislation concerning emissions, and it is expected to come into full effect sometime after 2020. Since China is the world's largest car market, a place where Volkswagen sells lots of vehicles, things need to be changed.
The same can be said for North America, the world's second-largest car market, where the Volkswagen Group also sells a lot of cars. This market will pose a significant challenge for the German company, as it must recover from a massive image blow from the Dieselgate scandal.
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