Volkswagen updates its BEV sales targets
- The Volkswagen brand is forecasting that 70% of its European sales will be plug-in electric vehicles (BEV + PHEV) in 2030, against an initial target of 35%. In the USA and China, Volkswagen this 2030 forecast is at 50% of its. This strong sales increase should be based on the full market availability of the ID range and its Seat-Skoda-Audi branded versions, which should result in the launch of around 20 different models by 2030.
- The Volkswagen brand has sold 2 million vehicles per year in Europe in recent years, the carmaker's target would therefore translate into a volume of nearly 1.5 million electric vehicles in 2030, in a scenario of a European market nearly at the same level as these last years, which is not guaranteed. However, in 2020, the German brand did not exceed 150 000 sales of BEVs + PHEVs in Europe, including 100,000 BEVs. These sales would therefore have to be multiplied by ten to reach the 2030 target announced today.
- A platform change is expected to take place around 2025, which will replace both MEB (mid-range) and PPE (high segment and premium). The carmaker is also counting on a 50% drop in the price of batteries by 2030, or even by 2025, in particular by producing by itself a single type of battery for all its models.
- To support the sales increase of its electric vehicles, the Volkswagen group will build six battery cells plants in Europe which will have a total production capacity of 240 GWh per year in 2030, equivalent to 3 million vehicles per year in Europe equivalent to ID3 / ID4 models, in line with the carmaker's objectives.
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