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VW says battery cell contracts for massive EV ramp up are secured ‘for first few years’

Northvolt

The Volkswagen group is about to transition its electric car production from just a few thousand cars per year to millions of units per year and that’s going to take an incredible amount of battery cells.

Despite some concerns, VW now says that its battery contracts are secured ‘for the first few years’ of the production ramp up.
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VW announces ID battery warranty of 70% capacity for 8 years, confirms disappointing charge rate

VW is preparing to launch the ID3, its first next-gen all-electric car based on its new MEB platform, and it has been gradually revealing more about it leading to the release of the production version later this year.

Today, they announced that the ID.3, and other upcoming ID vehicles, will have a battery warranty covering 70% energy capacity for 8 years and 160,000 km (100,000 miles). They also confirmed the official charge rate, which is somewhat disappointing.
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VW to cut 7,000 jobs, drastically increase software development by 2030

VW

In a bid to save €5.9 billion and raise their operating margin to 6%, VW will cut 5,000-7,000 jobs by 2023.  These job cuts will mostly be a result of offering early retirement to longtime employees, rather than layoffs.  The comments on this change in strategy were made at VW’s annual media conference in Wolfsburg.

As part of this announcement, VW laid out a plan for its future.  The company will boost their software engineering department significantly in the coming years, hiring 2,000 new employees in software and electronics.


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