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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 claims it can produce 50 million electric cars, vows to have ‘much lower’ prices than Tesla

Volkswagen I.D. electric vehicles

Ever since the ‘Dieselgate’ scandal, Volkswagen has been making a lot of claims about electrification, but it hasn’t much to show for yet.

Now, CEO Herbert Diess makes one of the biggest electrification claims for the company yet: that they can produce 50 million electric cars and will have “much lower” prices than Tesla.
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New subcompact VW all-electric I.D. Concept vehicle could start at $21,000

Volkswagen I.D. electric vehicles

After making the bold claim last week that the manufacturer will have ‘EVs as good as Tesla’s for half the price by 2020’, a new report from Bloomberg today shares that VW may introduce a subcompact EV to the I.D. Concept lineup with an affordable price point. However, this being a subcompact car gives further evidence that this won’t be a “Model 3 killer” like VW has hyped its lineup to offer…


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