Volkswagen Group will invest 180 thousand million euros until 2027, 68% in electrification and digitalization

he Volkswagen Group will invest 180 thousand million euros Between 2023 and 2027 in the most attractive regions and business units, by more than two-thirds (122.4 billion euros) dedicated to Electrification and digitizationTell ManifA German business executive during the “Annual Media Conference” held in Berlin.

These include investments Build several battery factoriesone of them in Valencia And another one announced recently

he Volkswagen Group will invest 180 thousand million euros Between 2023 and 2027 in the most attractive regions and business units, by more than two-thirds (122.4 billion euros) dedicated to Electrification and digitizationTell ManifA German business executive during the “Annual Media Conference” held in Berlin.

These include investments Build several battery factoriesone of them in Valencia and another recently announced at Canadawhich will be added to the one that has already begun to rise Salzgitter (Germany). Specifically, more than 15,000 million will be allocated for the construction of giant factories dedicated to the production of batteries. The Volkswagen Group expects that from 2025, One in five cars has been sold worldwide to be fully electric.

Oliver Blum, CEO of the Volkswagen Group. .

The German consortium was handed over 8.3 million vehicles in 2022down 7% from the previous year, although shipments of electric models increased by 26% in 2022 (until 572,100 units) and already account for 7% of total sales.

Several very important new models for the Volkswagen Group will be presented in 2023, including the new model VW ID.3 And ID.7a Identification card. buzz of a long wheelbase, and Tavascan cobra and the Audi Q8 e-tron. With the launch of these new models, the German consortium hopes to reach a share of the electric models around 10% of total deliveries in fiscal year 2023. In 2025, the twenty% Of the global deliveries will be electric vehicles.

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The Volkswagen Group closed out 2022 with turnover of 279.232 million euros, 11.6% more. Operating profit rose 13% up 22.523 million in euros, placing the operating margin at 8.1%. The liquidity center reaches the auto department 43,000 million in euros.

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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