Volkswagen getting charged up to increase electric vehicle production

Rather than an all-new concept for Frankfurt, Volkswagen announced a "Roadmap E" product plan that would ensure an electric version of every one of the 300 different vehicles it makes globally will be available by 2030.

In the high-end luxury market, Daimler had Formula One driver Lewis Hamilton drive in on stage on the new Mercedes-Benz-AMG Project ONE, a two-seat hybrid with over 1,000 horsepower and a top speed of 350 kph (217 mph), while Rolls-Royce showed off the eighth generation of the Phantom.

Volkswagen has unveiled the latest concept of its all-electric ID Crozz sport utility vehicle as the company set a target of offering 80 battery-powered models across its group by 2025.

"We have got the message and we will deliver", Mueller said in his speech to hundreds of guests at the carmaker's event in the German financial capital.

Muller said the electrification programme would ensure the company will "lead the way into the future", adding that "in the automotive world, 2030 is basically the day after tomorrow".

Automakers will be eager to show off technologies that can help people get around without owning a vehicle. Mueller on Monday said that diesel remains a key part of the company's strategy.

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Carmakers are spending heavily to develop and improve electric cars to meet increasingly tough government regulations limiting air pollution.

According to Mueller, the group will require more than 150 gigawatt hours of battery capacity annually by 2025 for its electric vehicle fleet - the equivalent of four "gigafactories".

Volkswagen VOWG_p.DE wants German and European industry to come together to help create a regional supplier of electric vehicle batteries to provide competition to Asian manufacturers, the head of its core autos division told Reuters.

Volkswagen has previously vowed to spend a whopping 10 billion euros in their effort to bring electric cars and completely shift to that market by the year 2025.

The new metal on show this year includes the highly anticipated Renault Megane RS and its rival, the Hyundai i30 N, along with a host of concepts, including BMW's Tesla-rivalling i Vision Dynamics electric auto.

$24 billion is being invested in new vehicle platforms, upgrading infrastructure and the training of staff. "We are setting the scene for a final breakthrough in e-mobility".

(Copyright © 2015. All Rights Reserved.)
 
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