Volkswagen Group models to be electrified by 2025


The automaker said on Monday it was stepping up the pace on its electric auto program, announcing more than 20 billion euros ($23.86 billion) of new investments over the next 12 years.

According to the VW Group (which comprises brands including Volkswagen, Audi, Seat, Skoda and VW Commercial Vehicles) this means there will be at least one electric version of each of the 300 models the group produces around the world.

It also follows Shell announcing it will begin installing electric vehicle charging points in the United Kingdom this month.

The German giant estimates that around one in four new group vehicles - up to three million units a year depending on how the market develops - could be battery-powered by 2025.

CEO at Volkswagen Matthias Mueller said that a company such as Volkswagen must be the leader and not a follower. And we'll lead that transformation. That way, every fourth VW vehicle would be exclusively battery-powered by 2025, while 75 percent of its fleet would still be made up of traditional combustion engines. Dieter Zetsche, his counterpart at Daimler AG, said he regrets that consumers have lost trust in diesel. Muller said the Group was initially aiming for electric models with a range of around 370 miles, and was also conducting research into solid state battery technology with a potential range of 1000 miles which he hoped could be brought to production by 2030.

More news: Havens lose lustre as North Korea missile test fears subside
More news: #4 Penn State beats Pitt in front of record crowd
More news: US House votes for Hurricane Harvey relief package

Volkswagen shows off a concept of its electric ID Crozz vehicle.

The world is shifting toward electric vehicles, but it's proving to be a gradual process. But those plans will be dwarfed by Volkswagen's electrification push.

The carmakers at the show, mainly Germany's big manufacturers, are hoping to modify diesel engines to make them cleaner rather than throw them out altogether. CROZZ concept vehicle first unveiled in Shanghai this past spring.

Over the past year, it's unveiled three different Volkswagen ID electric-car concepts, two of them thinly disguised versions of future production models for 2019 and 2020.

"The heated debate on driving bans in cities, on the future of diesel and e-mobility shows the times when our industry celebrated itself here in Frankfurt, basking in its own glory, are definitely over", said Mueller, who arrived on stage in a self-driving prototype dubbed Sedric.