VW now on track to produce 1.5 million EVs by 2025
German car-maker says earlier million battery-powered cars by 2025 claim had to be reviewed after it released it would meet that goal two years earlyVolkswagen has announced it now plans to produce 1.5 million electric vehicles by 2025 – 500,000 more than previously anticipated.
The new target had been introduced following the German car-making giant realised it would meet its 1 million target in 2023 – two years earlier than planned.
To help it achieve its aim, the Volkswagen Group will invest €33 billion ($A53bn) in both battery-powered vehicles and the infrastructure needed to support it.
To put that number in perspective in 2018, alone, the VW Group made 6,244,900 vehicles.
In Australia, VW's first pure-electric ID. models will arrive in 2022 - two years after sales begin in Europe.
Confirmed back in September at the Frankfurt motor show, the first battery-powered VWs to touch down here will be the ID.4 SUV that will leapfrog the ID.3 hatch.
Set to rival small electric SUVs like the upcoming Kia e-Niro and the pricier Tesla Model Y, the Volkswagen ID.4 is rumoured to command a modest premium over the €30,000 ($A48,000) Volkswagen ID.3 hatch, which it shares its MEB architecture, battery pack and rear-mounted electric motor.
No specs have been released, but it’s thought that it will also come with the ID.3’s 45, 58 and 77kWh lithium-ion battery packs that provide for a range of 330km, 420km and 550km respectively.
The entry-level model will be offered with a 110kW electric motor while the bigger battery versions get the punchier 150kW/310Nm.
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