VW will produce electric vehicles in 16 locations by 2022

London UK

The Volkswagen Group plans to have electric cars wearing all 12 of its automotive brands, plus its Volkswagen Commercial operation and its trucking companies, MAN and Scania.

"Over the last few months, we have pulled out all the stops to implement "Roadmap E" with the necessary speed and determination", Müller said. The Group now produces electric vehicles at three locations, and in two years' time a further nine Group plants are scheduled to be equipped for this goal.

When it launched Roadmap E in Europe in the third quarter of a year ago, the Volkswagen Group projected it would deliver 80 new EVs from two EV architectures.

Chief executive officer Matthias Müller told the media conference that from 2019 there will be a new electric vehicle coming into production "virtually every month".

It has already chosen its battery cell suppliers and has locked in technology contracts worth up to US$25 billion for the Europe and China alone, he admitted, with U.S. deals set to follow.

Building on the existing Roadmap E plan to electrify part of the lineup, Müller says that by the end of 2022 no less than 16 facilities the group operates around the world will be manufacturing EVs. The contracts already awarded have a total volume of around €20 billion (US$24.7 billion).

A decision will be made on the battery production supplier for North America, "shortly".

As we discussed in the latest episode of the Electrek Podcast, Volkswagen's electric auto efforts mostly consist of press releases and concept vehicles at this time, but they seem quite serious about it based on their investments.

Tamil Nadu forest fire: Tourist guide arrested
The trekkers were caught in the forest fire in Kurangani Kozhukumalai hill ranges near Theni , some 500 km away from Chennai . They were supposed to return on Sunday. "Our team was already downhill of Kolukkumalai, trying to put out the fire", he said.

Volkswagen plans to launch the first full MEB auto, the I.D. hatch, in 2020 as the leader for an entire I.D.

Müller emphasized that this did not mean Volkswagen was turning its back on conventional drive systems.

He said Tuesday the company would be "part of the solution" in finding a way to address controversy over the diesel issue.

"We are making massive investments in the mobility of tomorrow, but without neglecting current technologies and vehicles that will continue to play an important role for decades to come", said Muller.

In 2018, Volkswagen will invest 20 billion euros in developing better diesel and gasoline engines, a sum which would be supplemented by 90 billion euros ($111 billion) over the next five years.

The Volkswagen Group says that it has the financial resources for the transformation.

"At EUR 230.7 billion, the group's sales revenue was up 6.2 percent on the prior-year figure, which was a new record", said CFO Frank Witter.

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