(Photo: Volkswagen)
Volkswagen of Tucson | VW CEO Matthias Müller Announces “TOGETHER – Strategy 2025.”
The 56th Annual General Meeting in Hanover in Hall 3 of Messe Hannover took place recently, and Volkswagen had quite a bit to say after a tumultuous year in the automotive industry. In an attempt to help negate recent allegations and slowing sales, VW’s CEO announced to around 3,000 shareholders the company’s vision for the next decade, entitled “TOGETHER – Strategy 2025.”
“We expect that by (2025) we will be selling about 2 (million) to 3 million pure-electric automobiles a year,” Matthias Müller, the CEO of Volkswagen Aktiengesellschaft,told investors. “This will account for a significant share – an estimated 25% – of our total sales volume. We are stepping up our efforts accordingly and will launch a multibillion-euro investment program.ˮ
VW Electric Engine
Volkswagen of Tucson | Fully Electric Fleet of VW
If this plan comes to fruition, Volkswagen would lay hold to one of the world’s most advanced fleet of fully-electric cars, a statistic many automotive brands hope to accomplish some day. But the head of VW didn’t stop there…
“We are also continuing our intensive efforts to enhance the environmental compatibility of our diesel and gasoline models,” Müller said before then announcing another milestone related to the internal combustion engine. “We will successively equip the Group’s new TSI and TFSI engines with gasoline particulate filters. This initiative will begin with the 1.4 liter TSI engine in the new VW Tiguan and the Audi A5 in June 2017. This will reduce particulate emissions by up to 90 percent. Up to 7 million Volkswagen vehicles could be equipped with this technology each year by 2022.”
VW Intelligent Charge
Volkswagen of Tucson | Better VW Batteries On The Way
The recently-announced decade-long strategy focuses a lot on improving batteries and how power is currently being stored. Battery-life and dependability makes up for between 30 and 40 percent of an Electric Vehicle’s value.
‟As far as the development of fuel cells is concerned, we intend to stay on the ball in this area too,” Müller told shareholders. “And we will be ready when the time is ripe. We will need 150 gigawatt hours of battery capacity by 2025 for our own e-fleet alone, which would make for a massive procurement volume.”
Volkswagen of Tucson | Fully-Autonomous VW
Interestingly, Volkswagen also plans on getting into the fully-autonomous vehicle industry, as self-driving cars seem to make up a huge part of Volkswagen’s plans for the future.
“Fully autonomous vehicles with a self-driving system developed in-house will enter the market by the beginning of the next decade,ˮ Muller says. ‟Cumulative investment in new autonomous mobility solutions will amount to several billion euros.”
Larry H Miller Volkswagen Tucson 