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Volkswagen is making the Wolfsburg site fit for the future: the brand will be making an initial investment of some €460 million in the main factory at the Group headquarters by the beginning of 2025. This was announced on Wednesday by CEO Thomas Schäfer during a works meeting in Wolfsburg. The investment is primarily earmarked for preparations to produce the new ID.3. The compact electric car will be leaving the assembly line in Wolfsburg from 2023 – initially in partial production, with full production slated from 2024. Ramp-up is due for completion by the end of 2025. The necessary training measures for the workforce are currently being prepared. Post-ID.3 ramp-up, a further all-electric model for the booming SUV segment is to boost...

Volkswagen will be unveiling the new ID.3 to the public this coming spring. The second-generation ID.3 is set to be the latest chapter in the ID. family success story: To date, more than half a million ID. models – built on the basis of the modular electric drive matrix (MEB) – have been delivered to customers around the world. Currently, the ID.3 is produced at the Zwickau and Dresden plants in Germany. However, the production network will be expanded next year to include the main Volkswagen factory in Wolfsburg. This is in order to meet high levels of customer demand for the fully electric compact car. Read on Volkswagen Group

Volkswagen has put together a series of exclusive equipment packages for its new MOVE special-edition models. True to the slogan “Simply get more”, they come with a whole host of attractive additional model-dependent features: from background lighting and newly designed seat covers made from sustainable materials to the model-specific Zurich alloy wheels. Depending on vehicle, customers benefit from savings of up to €2,600 compared with the recommended retail price for a model with an equivalent equipment level. Exclusive MOVE special-edition models with an extensive range of standard equipment are now available to order from dealerships Customers benefit from savings of up to €2,600 “The new MOVE special-edition models represent an...

Volkswagen is on track with the electrification of its vehicle fleet. One year earlier than planned the company has reached a further milestone in the implementation of its ACCELERATE strategy to become an emission-free, software-driven mobility provider: Since the first ID.3 models were handed over to customers in October 2020, Volkswagen has delivered 500,000 vehicles from the ID. family worldwide – despite the persistently strained supply situation. Volkswagen is making rapid progress worldwide with electrification of its vehicle fleet despite strained supply situation Order bank remains high: 135,000 (+65% vs. 2021) ordered vehicles being produced at fast pace Electric roadmap is being accelerated: Production of ICE models in...

The vehicle can perform assisted lane changes on the motorway if the turn signal lever is tapped briefly. It can use swarm data or also learn recurring parking manoeuvres: the Volkswagen ID. Buzz is being introduced with new intelligent assistance systems that can make driving even more convenient and also increase safety. This is in line with Volkswagen’s commitment to make the latest technologies accessible to a wide customer base early on. The new Travel Assist with swarm data3/4 allows assisted lane changing Volkswagen uses swarm data to take the next step towards highly automated driving With Park Assist Plus with memory function3, the electric bus learns individual parking manoeuvres and can then repeat them on its own Both...

Volkswagen has once again received a top score of five stars for the Golf in the Euro NCAP safety test (European New Car Assessment Programme). The European consumer protection institution awarded very high ratings in all areas examined. The compact Volkswagen model was particularly impressive when it came to the safety of adult occupants, children and vulnerable road users, as well as in terms of its assist systems. Its standard equipment now also includes the centre airbag for the front seats. The latest Golf thus comes equipped with a comprehensive safety concept that satisfies the new, more stringent test procedure. As such, the Golf remains among the best in its class. Top score in the Euro NCAP test: another five-star rating...

Volkswagen supports the exhibition of this year’s winner of the Kaiserring art award Isaac Julien. From October 8th until January 29th, two artworks of the acclaimed British artist and filmmaker are going to be on view at the Mönchehaus Museum in Goslar. In its role as partner of the exhibition Volkswagen helps the region to ensure that art is accessible to a large audience. Read on Volkswagen Group

PowerCo, the new battery company of the Volkswagen Group, and Umicore, the Belgian circular materials technology group, announced today the founding of a joint venture for precursor and cathode material production in Europe. From 2025 onwards, the joint venture will supply PowerCo's European battery cell factories with key materials. By the end of the decade, the partners aim to produce cathode material and their precursors for 160 GWh cell capacity per year, which compares to an annual production capacity capable of powering about 2.2 million full electric vehicles. Cathode active materials are crucial for a successful powertrain transition towards e-mobility as they are the key technological lever for battery performance, as well as...

Elli, the Volkswagen subsidiary that manages all activities related to charging and energy for the Group in Europe, the Elia Group and its start-up re.alto signed a memorandum of understanding (MoU) today in Berlin. The MoU underscores the signatories’ shared vision of integrating electric cars into the electricity system. Over the next few years, the partners will identify possible barriers to EV integration and explore how to showcase its benefits, for example by developing demonstrators. Read on Volkswagen Group

At Chantilly Arts & Elegance near Paris, the Volkswagen Group will present an innovative design study that will redefine the long-distance mobility of the future on September 24. The all-electric powered Innovation Experience Vehicle (IEV) is a real prototype that drives autonomously (Level 5) and gives a realistic outlook for the mobility of the coming decade. The car’s modular interior concept makes it a flexible, sustainable Mobility-as-a-Service alternative to short-haul flights. As a research vehicle, the purpose of the Gen.Travel is to test the concept and new functionalities for customer response. Based on the study results, individual features may later be transferred to series vehicles. Volkswagen Group to present autonomous...

Volkswagen has made new appointments to key positions on the Brand Board of Management, laying crucial foundations for the company’s transformation toward the age of digital and autonomous mobility. Thomas Ulbrich becomes board member in charge of the newly created New Mobility division, which unites the e-series and software expertise of Volkswagen Passenger Cars. Kai Grünitz, previously Head of Development at Volkswagen Commercial Vehicles, succeeds Ulbrich as the board member responsible for Technical Development (TD). Other personnel changes relate to Finance. Patrik Andreas Mayer, currently Chief Financial Officer at Volkswagen Group Russia, becomes the Chief Financial Officer at the Volkswagen Passenger Cars brand. He succeeds...

Volkswagen presents today the ID.5 GTX ‚Xcite‘ to the public for the first time today at the ID. Meet in Locarno (Switzerland). This vehicle is an individual product made by apprentices at Volkswagen’s three locations in Saxony, at Zwickau, Dresden and Chemnitz. For one year, 14 of the best budding specialists worked on a project to demonstrate their skills with considerable creativity and responsibility under expert supervision – from the first design through the adaptation of the bodywork and paintwork to technical commissioning. In addition to sustainability, reflected by vegan leather in the interior, the main focus of this year’s project was on holistic mobility. The ID.5 GTX ‚Xcite‘ already has on board an electric skateboard for...

Electrifying surprise at the ID. Treffen in Locarno: Volkswagen presents the ID. XTREME in Ticino today, an exceptional off-road concept car that will generate an enthusiastic response among the many electric mobility fans at the event. The fully electric concept car with all-wheel drive system is based on the ID.4 GTX and combines the strengths of a modern SUV with the sense of adventure embodied by a rugged off-road vehicle. ID. XTREME concept car is based on the performance-enhanced ID.4 GTX02 All-electric off-road vehicle with all-wheel drive is the most powerful ID. model yet ID. XTREME shows the performance potential and versatility of the modular electric drive matrix Volkswagen is supporting the international ID. Treffen in...

The Volkswagen Group is further developing its Group management. The Group Board of Management of Volkswagen AG is being streamlined and responsibilities will be reallo-cated. The Supervisory Board adopted a corresponding resolution. The new Chairman of the Board of Management, Oliver Blume, will focus on strategy, quality, design and the software subsidiary CARIAD. In addition, the central Board of Management divisions Fi-nance, Human Resources and Truck & Bus, Integrity and Legal Affairs, IT, Technology as well as China will continue to be represented on the Group Board of Management along with the brand groups Volume, Premium and Sport & Luxury. New allocation of responsibilities on Group Board of Management and downsizing of Board...

The Volkswagen subsidiary Elli, which oversees all activities involving charging and energy in the Group, has become a partner in the sustainable bonus programme offered by &Charge. The goal is to consistently improve the charging experience with the help of customer feedback and to provide money savings at the charging station. Elli charging-tariff customers as well as users of SEAT and CUPRA Easy Charging, ŠKODA AUTO Powerpass and, in future, Volkswagen We Charge will benefit from the partnership as they will immediately be able to redeem the &Charge kilometres they have collected for Elli charging vouchers. Volkswagen subsidiary Elli and technology company &Charge have forged a partnership committed to creating continuously better...

Volkswagen AG and the Government of Canada aim to promote e-mobility in the country and to explore opportunities across Canada’s automotive and battery supply chain. This was agreed in a "Memorandum of Understanding" (MoU) signed today in Toronto by Volkswagen CEO Herbert Diess and Canada's Minister of Innovation, Science, and Industry, François-Philippe Champagne, in the presence of German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau. Both parties will investigate opportunities for Canada to contribute to Volkswagen’s global and regional battery supply chains. PowerCo, the newly founded battery company of the Group, has a central role in these efforts and will drive forward the planned cooperation in the fields of...

The stopwatch says it all: the new Golf R “20 Years” is the fastest R model of all time on the German racetrack Nürburgring-Nordschleife. The anniversary vehicle with its increased power has bettered the previous lap record of a Golf R on the 20,832 km long racetrack once more by four seconds. The Golf R “20 Years” clocked an official lap time of 7:47.31 minutes. Thanks to its exclusive standard equipment, optimised driving dynamics and a standard output of 245 kW (333 PS), the Golf R “20 Years” offers significantly improved performance and guarantees an emotionally charged motorsport experience between the “Schwedenkreuz” and “Döttinger Höhe” track sections. The sporty edition to celebrate the 20th anniversary delivers 10 kW more than...

In the wake of Oliver Blume’s appointment as the future Chairman of the Board of Management of Volkswagen AG, the company had decided to reorganize its communications. Rudolph will become the new head of Group Communications in addition to being Vice President Communications, Sustainability and Politics at Porsche AG. He will retain this dual function after a possible IPO of Porsche AG. Read on Volkswagen Group

Volkswagen Group China today unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. After intensive research, conceptual work, and development, the project team has now developed its first validation model – the V.MO. This initial prototype has also been nicknamed the ‘Flying Tiger’ due to its distinctive black and gold livery, which was painted to commemorate its launch...

The Volkswagen brand further strengthened the Group’s economic efficiency in the first half of 2022. Effective sale management, improved cost efficiency and consistent implementation of the ACCELERATE strategy have led to a strong financial result. Operating result before special items rose to EUR 1.9 billion (first half of 2021: EUR 1.2 billion). The operating return on sales before special items rose to 5.6 percent (first half of 2021: 3.4 percent). The half-year result benefited in particular from a strong second quarter. This is also the main reason that the net operating cash flow reached 569 million euros in the first six months. As a result of optimized model and price policy, the company generated sales revenue of just under 33...

Volkswagen Group posted robust operating results in the first half, enabling important investments in future profit pools and new platforms. The Group continued to make great strategic progress in Q2, registering crucial developments across its tech-platforms – mobility services, batteries and software. Stable H1 sales revenue at EUR 132.3 billion, 2 percent up from previous year levels including first-time consolidation of Navistar Worldwide BEV deliveries grew 27 percent in H1, with order intakes in Western Europe increasing 40 percent compared with prior-year’s level – reflecting rapid growth in customer demand Robust operating performance with H1 operating result before special items of more than EUR 13 billion (16.1 percent...