{"id":132152,"date":"2023-03-15T10:17:53","date_gmt":"2023-03-15T09:17:53","guid":{"rendered":"https:\/\/newmobility.news\/?p=132152"},"modified":"2023-03-17T15:28:41","modified_gmt":"2023-03-17T14:28:41","slug":"volkswagen-group-invests-e-122-billion-in-electrification","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/03\/15\/volkswagen-group-invests-e-122-billion-in-electrification\/","title":{"rendered":"Volkswagen Group invests \u20ac122 billion in electrification"},"content":{"rendered":"

In the next five years, two-thirds of VW Group's investments will be turned to electric and connected cars. The Group foresees \u20ac122 billion in investments in electrification, 68% of its total investment portfolio of \u20ac180 billion. The latter is also heightened by 13% compared to earlier multi-annual plans of the Group. At the same time, the Group is still exploring the possibilities of alternatives like e-fuels.<\/p>

One of the major investments is, of course, the manufacturing of its own battery plants, three in Europe (Germany, Spain, and Sweden) but others also in other continents, like the recently announced one in Canada. In this race into electrification, Volkswagen already wants 11% of its 2023 sales to be fully electric, compared to 7% in 2022.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

In the next five years, two-thirds of VW Group’s investments will be turned to electric and connected cars. The Group foresees \u20ac122 billion in investments in electrification, 68% of its total investment portfolio of \u20ac180 billion. The latter is also heightened by 13% compared to earlier multi-annual plans of the Group. At the same time, […]<\/p>\n","protected":false},"author":13,"featured_media":132168,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[2043,16,4,17],"tags":[],"class_list":["post-132152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-industry","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=1028%2C680&ssl=1",1028,680,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=300%2C198&ssl=1",300,198,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=640%2C423&ssl=1",640,423,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=640%2C423&ssl=1",640,423,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=1028%2C680&ssl=1",1028,680,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=1028%2C680&ssl=1",1028,680,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?fit=560%2C370&ssl=1",560,370,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=1028%2C240&ssl=1",1028,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=1028%2C180&ssl=1",1028,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=1028%2C180&ssl=1",1028,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=1028%2C168&ssl=1",1028,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/03\/Schermafbeelding-2023-03-15-om-10.13.52.png?resize=1028%2C180&ssl=1",1028,180,true]},"post_excerpt_stackable_v2":"

In the next five years, two-thirds of VW Group’s investments will be turned to electric and connected cars. The Group foresees \u20ac122 billion in investments in electrification, 68% of its total investment portfolio of \u20ac180 billion. The latter is also heightened by 13% compared to earlier multi-annual plans of the Group. At the same time, the Group is still exploring the possibilities of alternatives like e-fuels.One of the major investments is, of course, the manufacturing of its own battery plants, three in Europe (Germany, Spain, and Sweden) but others also in other continents, like the recently announced one in Canada.…<\/p>\n","category_list_v2":"Energy<\/a>, Industry<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nVolkswagen Group invests \u20ac122 billion in electrification - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/03\/15\/volkswagen-group-invests-e-122-billion-in-electrification\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volkswagen Group invests \u20ac122 billion in electrification - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"In the next five years, two-thirds of VW Group's investments will be turned to electric and connected cars. The Group foresees \u20ac122 billion in investments in electrification, 68% of its total investment portfolio of \u20ac180 billion. The latter is also heightened by 13% compared to earlier multi-annual plans of the Group. 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