Volkswagen Group to Offer Electrified Versions of Its Entire Lineup by 2030

In exchange, China offers them an opportunity to exploit the enormous global market for electric cars. VW expects up to one in four of its new models to be all-electric by that time, and plans to purchase over 150 gigawatt-hours of lithium-ion batteries to power all of those cars.

Volkswagen, the world's biggest carmaker, has become the latest to move away from petrol and diesel, saying it will offer an electric version of all its 300 models by 2030.

Muller said on 11 September: "We have got the message and we will deliver".

"Furthermore, the BMW Concept X7 demonstrates it is perfectly possible to combine a large sports activity vehicle with an electric drivetrain", explains Kruger.

Volkswagen admitted in 2015 that it had been cheating on diesel emissions tests after its vehicles in the USA were found to be emitting up to 40 times the legal limit on nitrogen oxide.

"This is not some vague declaration of intent".

"The transformation in our industry is unstoppable".

Announced at the Frankfurt Motor Show, the company said it would be doubling its investment in zero-emissions vehicles.

The German auto giant will also commit nearly $A9 billion in electric vehicle (EV) technology development over the next five years, with the ID family extending Volkswagen's model range and forming a key part of its electric mobility future. "And we will lead that transformation", he said.

Volkswagen has announced it will sell pure-electric versions of every one of its vehicle models across all its brands by 2030, confirming it has set aside €20bn to invest in the transition.

Doing that is going to require plenty of batteries. In Europe, and particularly in the automotive stronghold of Germany, much more needs to be done. The future developed electric SUV is a part of Volkswagen's new electric campaign in which the company will initially introduce three models starting from 2020. "I'm convinced this will succeed if politicians, the energy industry and automakers work in harness".

Like Volvo and Jaguar Land Rover, VW Group is pledging to have an electric version of each of its new models available; it is not promising that it will build only electric and hybrid vehicles.