The Volkswagen group has announced a new company plan called new Auto, which will see the firm through to 2030.
The plan primarily focuses on how the group will balance the mix between battery electric cars and internal combustion powered cars over the next decade. The VW group says that the internal combustion engine market will shrink by much more than 20 percent over the next decade, with EVs expected to overtake ICEs as the leading technology as they reach price parity.
Volkswagen lays out new plans for electrified future
Volkswagen group says that electric cars will account for around 50 percent of its sales by 2030, and will method 100 per cent by 2040.
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Volkswagen will start by expanding and simplifying electric car production through a much more straightforward platform strategy, which is expected to increase sales returns by around one percent – a big deal in a company as large as the Volkswagen Group..
The Volkswagen Group’s hardware and software developments for the EV era will rest on its new Scalable Systems platform (SSP). It’ll be launched in 2026, becoming the successor to Volkswagen’s combustion-engined MQB, MSB and MLB platforms in the short-term.
Eventually, the underpinnings will also replace the electric-only MEB and PPE platforms, moving all of the Volkswagen Group’s EVs onto one architecture. The firm expects to produce much more than 40 million cars on SSP over its lifetime and, like the MEB platform, it will be open to use for other car manufacturers.