Hillhater
100 TW
..and 300 models by 2030
And batteries....
http://www.electric-vehiclenews.com/2017/09/vw-announce-84-billion-investment-in.htmlVolkswagen is stepping up its shift to electric cars and plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla in creating a mass market.
The world’s largest automaker by sales said on Monday it would roll out 80 new electric cars across its multi-brand group by 2025, up from a previous goal of 30, and wanted to offer an electric version of each of its 300 group models by 2030.
And batteries....
....We wont let the issue of batteries be taken out of our hands,” emphasizes Müller. He adds that the company will need a battery capacity of more than 150 GWh a year by 2025 solely to fit its own e-fleet with lithium-ion batteries.
To cater for that enormous demand, the Volkswagen Group has initiated an invitation to tender for long-term strategic partnerships for China, Europe and the United States. “We’re talking here about one of the largest procurement projects in our industry’s history, one with a global order volume of more than €50 billion over its term,” states Müller. That was solely for the Group’s high-volume vehicles based on the all-electric architecture.
News of a €10 Billion battery Gigafactory surfaced last year with Salzgitter in the German state of Lower Saxony being a likely location.
VW invested in solid-state battery startup QuantumScape in late 2014 and have publicly stated they expect the technology can deliver 700 km range. VW is also targeting a 66 percent cost reduction by using a single battery module design for all of its electrified vehicles......