Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

Google News

Volkswagen Targets Manufacturing of 10 Million E-cars by 2022

Shalini Chakraborty
Shalini Chakraborty
A literature enthusiast. Self-proclaimed feminist and loves to read on and about feminism. Avid thinker and writer of obscure feelings. Interested in photography and loves spending time on social media.

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Volkswagen has announced a major push to manufacture 10 million of reasonably-priced, all-electric cars based on its MEB platform. The company targets worldwide mass production by the end of 2022, as informed by the German car-maker. The auto giant has flaunted various “ID” concept cars based on a platform it calls the modular electric drive matrix, or MEB. The plan is to build 27 models for four group brands based on the MEB. The production is supposed to kick off by 2019 at its plant in Zwickau, Germany.

This is a direct repercussion of the diesel emissions scandal three years ago, after which Volkswagen unveiled an ambitious plan to become a world leader in green transport. The company plan to invest 6 billion euros ($7 billion) in e-car production, of which 1.3 billion will be invested in its German plants at Braunschweig, Salzgitter, and Kassel.

In the first wave alone, around 10 million VW group cars will be based on this platform – Thomas Ulbrich, head of electric mobility

There is no timeline given for the arrival of the first wave, but the company stands by its policy of selling 3 million units per year by 2025 of the 50-battery-powered group of models.

Volkswagen’s push towards a revolution in the rise of electronic-cars is rivaled by US-based Tesla which are in the mid of struggling manufacturing of its Model 3, supposedly its first car to target a mass audience. BMW and Daimler are also planning to join the league of e-cars in the coming years.


Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic