Volkswagen AG is charting a new course for its future, one that promises job security, while smoothing the choppy financial waters that have threatened to sink the once great German
Volkswagen’s electric offensive continues to gather speed: Series production of the brand’s first all-electric SUV, the ID.4, gets underway in Zwickau. The world premiere of the ID.4 follows at the end of September. Volkswagen is thus underscoring its ambition to become the world market leader in e-mobility. To this end, the Group is investing some €33 billion in the period to 2024, €11 billion of which have been earmarked for the Volkswagen brand. The brand expects to produce 1.5 million electric cars in 2025.
