Advertisement

Volkswagen to launch 70 new EVs by 2028

Volkswagen to launch 70 new EVs by 2028

The German auto manufacturer, Volkswagen, has announced plans to expand its electric vehicle (EV) range by 2028.

In nine years, the company aims to have introduced 70 new electric models to its portfolio, the firm stated in a press release.

Volkswagen had previously revealed plans to launch 50 new models. The firm now intends to sell 22mn fully EVs by the deadline.

“Volkswagen is taking on responsibility with regard to the key trends of the future – particularly in connection with climate protection,” stated Dr. Herbert Diess, CEO of Volkswagen AG.

“The targets of the Paris Agreement are our yardstick. We will be systematically aligning production and other stages in the value chain to CO2 neutrality in the coming years.”

Advertisement
Car Rentals Germany

“That is how we will be making our contribution towards limiting global warming. Volkswagen is seeking to provide individual mobility for millions of people for years to come – individual mobility that is safer, cleaner and fully connected.”

“In order to shoulder the investments needed for the electric offensive we must make further improvements in efficiency and performance in all areas.”

Following recent emission tests led to VW’s operating margins falling. The firm’s profit margin dropped by 0.4 percentage points, from 4.2% to 3.8%.

volkswagen logo
Also see: Volkswagen chooses Amazon's AWS to help it build cars

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

back to top

Top Cyber News

Apple Speaks About Recycling iPhones Via Robot

Apple Speaks About Recycling iPhones Via Robot

19 April, 2019

Apple has spoken about its effort to become even more environmentally friendly, by offering an insight into its normally...

Cryptominers Still Top Threat but Coinhive's Shutdown Could Change That

Cryptominers Still Top Threat but Coinhive's Shutdown Could Change That

12 March, 2019

Coinhive has remained on top of Check Point Software's global threat index for the last 15 months. ...

AI Startups on the rise in Europe

AI Startups on the rise in Europe

14 March, 2019

MMC Ventures a venture capital firm recently released a report, in association with Barclays, shows that one in 12 new s...

Cracking Down on Botnets

Cracking Down on Botnets

15 April, 2019

Although there is no silver bullet solution for mitigating the risk of botnets, there are a number of helpful best pract...

Cyber Threats can target 20% of home PCs running worldwide: Says report

Cyber Threats can target 20% of home PCs running worldwide: Says report

12 March, 2019

According to the intelligence gathered from Avast Threat Detection Database, one in five home PCs running worldwide ar...

The (ISC)² Professional Development Institute Is Here

The (ISC)² Professional Development Institute Is Here

13 April, 2019

(ISC)² members as your membership just got a whole lot more powerful.

Categories

External Links

About Us

Follow Us