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Volkswagen planning electric versions for all cars by 2030

Volkswagen planning electric versions for all cars by 2030

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.

Like the various other Volkswagen ID electric cars-the ID compact hatchback, the ID Buzz microbus, and others yet to be revealed-the ID Crozz is built on VW Group's new MEB architecture, a "skateboard" setup that allows an electric motor at the rear and a second one at the front if desired.

The German automaker plans to invest more than £18 bn pounds into the venture for zero-emission cars, with 80 new-electrified models by 2025 - 30 of which will be plug-in hybrids and 50 pure electric models.

According to Mueller, the automotive industry is undergoing an irreversible process of transformation. "It is a strong self-commitment which, from today, becomes the yardstick by which we measure our performance", said Matthias Müller, Chairman of the Board of Management of Volkswagen Aktiengesellschaft.

Also set to appeal to buyers will be the range of assistance systems available on the vehicle, including Front Assist and Lane Assist as standard and an optional Traffic Jam Assist system. Automakers "won't be shouting about it, but diesels will be part of their lineup", says Ian Fletcher, principal analyst at IHS Market.

"They comply with the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) requirements and they meet the requirements and needs of our customers".

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The move by China, the world's biggest auto market, is sure to accelerate a global shift to electrics.

Volkswagen has no plans to ditch diesel engines and isn't anxious about the rising threat of Tesla.

Over the a year ago, 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 company is also looking into longer life auto batteries that could in the future offer a driving range of over 370 miles in one charge. However, it seems that governments, not automakers, will be in control of the schedule.

Speaking to Xinhua, a Daimler spokesperson further noted that diesel vehicles would continue to play a "significant" role in the company's portfolio until 2025.

Luxury brand Audi, the group's largest earnings contributor, will start selling its first all-electric SUV in 2018 and add two more purely battery-powered vehicles in the next three years.


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