According to Reuters, in order to meet the needs of the evolving electric vehicle project and continue to exert pressure on Tesla, a competitor from the United States, the Volkswagen Group has spent 20 billion euros (about 25 billion U.S. dollars) on picking up electric vehicle batteries and related Technical partners.
Two and a half years ago, Volkswagen encountered a tail gas emissions fraud scandal. Prior to this scandal, Volkswagen's actions in the development of electric vehicles were not fast enough to lag behind other competitors.
However, after the scandal, Volkswagen's strategy has changed. At the same time, under the development of battery technology and global pressure to reduce automobile manufacturers' pollution, Volkswagen has begun to pay attention to completely zero-emission electric vehicles.
Volkswagen announced on Tuesday that they have locked up battery suppliers for models sold on the European and Chinese markets. 80% of Volkswagen’s vehicles are sold in European and Chinese markets. They will soon finalize battery suppliers for models sold in the North American market. .
Tesla’s highly anticipated model, the Model3, has missed key production targets many times, and Volkswagen plans to start assembling zero-emissions pure electric vehicles in 16 plants around the world by the end of 2022.
When Volkswagen CEO Matthias Mueller talked about the electric car project at the press conference, he said: "In the past few months, we have been doing everything we can to quickly and firmly deploy RoadmapE (Volkswagen Electric Vehicle Development Project). The code name."
Under a variety of roles, major global car companies are focusing on the development of more environmentally friendly electric vehicles. These roles include the public's tail gas emissions scandal, China's incentives for electric vehicles, and double-integration policy, as well as Europe's increase in automotive carbon emission standards.
Volkswagen's goal is to reach 3 million electric vehicles sold worldwide every year by 2025, and to complete the electrification of all 300 models by 2030, which means that each VW model must have an electric version.
Mueller revealed that because Volkswagen does not have the ability to produce batteries itself, they have chosen LG Chem, Samsung and Chinese battery manufacturer Ningde Times to become partners. The three companies will provide batteries for Volkswagen's electric vehicles.
Muller said: "Accumulating professionalism and mastering this technology does not mean that we will start large-scale battery production ourselves. Other companies can do better than we do."
Despite the loss of billions of euros for fraudulent emissions, Volkswagen still took up 34 billion euros for research on electric cars, drones and new travel services. They plan to complete the above three tasks by 2022. the study. It can be said that the public is one of the most ambitious car companies in the industry.
In addition, Volkswagen also reiterated that their motor vehicle sales this year exceeded last year; the company's operating margin this year was between 6.5-7.5%, compared with 7.4% last year.
In an interview with Reuters, Muller denied that the senior management of the group was pessimistic about the commercial prospects of the public in 2018, but he also said that because automakers are busy adapting to the EU's mandatory WLTP emissions. And fuel consumption standards, so the public and other car companies may encounter bottlenecks this year, giving the public a few years of development brought about some uncertainties.
He said: "We will deal with WLTP this year. Now it is too early to say whether this year's performance is good or bad."
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