VW is electrifying its European plants to ramp up EV production.
After the Dieselgate scandal nearly ruined the company's reputation forever, Volkswagen is on a mission to become a global leader of EVs. VW's electric revolution started with the ID.3 hatchback in Europe, followed by the ID.4 crossover in America. In the coming years, VW's ID. range will continue to expand with the ID.6 luxury sedan and the ID.Buzz, an electric spiritual successor to the iconic Microbus.
By 2026, Volkswagen expects one in four vehicles sold will be battery-electric. As it prepares to ramp up EV production, VW has announced plans to invest 89 billion euros ($100 billion) into e-mobility, hybridization, and digitalization through 2026. Around 21 billion euros will be spent electrifying its plants VW's Lower Saxony sites in Wolfsburg, Hanover, Braunschweig, Salzgitter, Osnabruck and Emden.
Starting in 2026, the Wolfsburg plant will build Project Trinity. The next-generation EV platform will underpin an "innovative, competitive next-generation battery electric" vehicle with Level 4 semi-autonomous driving technology. From 2023, the Wolfsburg plant will be retooled to handle full production of the Volkswagen ID.3 in response to increasing EV demand. A second "cutting-edge electric manufacturing facility" will also open at Wolfsburg by 2030.
VW's Hanover site will also go all-electric in the "medium term." This site will build the electric ID.Buzz passenger and cargo vans as well as a camper version called the ID.California and the ID. Buzz AD and MOIA shuttles. In addition, the Hanover site will build bodies for a new unannounced Bentley model. These will likely be for Bentley's first electric model due to arrive before 2025. Audi's top-secret Project Artemis will also be produced at Hanover.
Elsewhere, VW's Leipzig plant will build two new Porsches based on the PPE platform being jointly developed by Porsche and Audi including the all-electric Macan. The Neckarsulm plant, on tho other hand, will build Audi's new E6 model family, while the Brussels plant will start building the new Q8 e-tron flagship SUV in 2026. Around 52 billion euros will be spent EV development, while another 30 billion euros will be spent on software development.
"In the NEW AUTO world, our business model is undergoing radical change - Volkswagen is being transformed from a traditional automotive manufacturer to a vertically integrated Group with strong brand groups and world-leading technology platforms." He added, "Wolfsburg, our Group's long-established headquarters, will be central to the transformation, because we can only safeguard our strong position long term if Wolfsburg is successful."