Volkswagen pumps $6.4 billion into US electric cars

Volkswagen is investing €6.4 billion in its North American subsidiary over the next five years. Volkswagen aims to have more than half of the cars it sells in the United States by 2030 be electric cars.

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Volkswagen’s US delivery range consists of more SUVs each year. After this year, Volkswagen will cut a domestically-developed Passat from its range, and the Golf has only been available as a GTI or R for some time now. In addition, Volkswagen still has a Jetta and Arteon on the list, but whoever passes by the Golf brother and the illustrious Passat brother will only encounter SUVs and crossovers. From the Tiguan to the unknown Taos here, the Atlas and the Atlas Cross Sport, which were also not delivered in Europe. The only electric vehicle offered by Volkswagen in the US is the ID4. It must be different.

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Over the next five years, Volkswagen will invest $7.1 billion, or $6.4 billion, in transforming the scope of its delivery in North America. Volkswagen will launch ID Buzz there in 2024 and expand the EV range two years later”[…] New electric SUV. But there’s more. Volkswagen Group’s all-electric model range in the US should consist of 25 new models around 2030. Please note that this also includes electric cars from Audi and possibly Bentley. It also indicates that it will also build the ID4 in the US United, but there is more.

A strong focus on electric vehicles should result in 55 percent of all cars sold in the United States by 2030, according to Volkswagen. At the beginning of the next decade, Volkswagen will no longer offer cars with combustion engines in the United States. The brand says the phase-out of the combustion engine has already begun. Volkswagen will, among other things, adapt its plants in Mexico and the United States for (partial) production of electric vehicles. Volkswagen also wants to set up a plant in North America where it can produce batteries. More on that later this year.