Published: Wed, September 13, 2017
Economy | By Guillermo Lane

Despite Scandal, Diesels Still on Display in Frankfurt Auto Show

Despite Scandal, Diesels Still on Display in Frankfurt Auto Show

The company plans to invest 20 billion euros ($24 billion) in upgrading plants, creating two new electric auto platforms and training workers.

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.

Volkswagen estimates a total investment of 20 billion euros ($23.98 billion) in electric-vehicle production.

Instead of bringing a new prototype from the I.D. family, Volkswagen has made a decision to revisit the first Crozz just in time for the Frankfurt Motor Show in a bid to support its claims of pushing towards a greener future.

"We will be thoroughly updating our vehicle range by 2020 and expanding into important segments", says VW passenger cars chairman Dr Herbert Diess.

Carmakers are spending heavily to develop and improve electric cars to meet increasingly tough government regulations aimed at limiting air pollution. Muller said: "For the time being, we will be offering the entire powertrain spectrum - from conventional to fully-electric - to enable sustainable and affordable mass mobility".

VW Group electric
Volkswagen Group chairman Matthias Muller VW has shown the ID Crozz at Frankfurt Close

They are all hoping to hit ambitious hybrid and all-electric auto sales targets with a flood of new models by the mid 2020s. This will result in around 300 electric models across VW Group's brands. All three vehicles will be built on the company's upcoming Modular Electric Drive Matrix (MEB).

While the internal combustion engine has not ceased to exist, it is expected to be converted into a complete electric model, as the firm continues exploration into all energy sources, thereby inching closer to a major electric vehicle adoption in the near future. This claim does involve the models that have been manufactured by Volkswagen under Audi, Scania, SEAT SKODA and Porsche.

Volkswagen described the purchase as "one of the largest procurement" programs in automotive history, signaling it is accelerating the shift to electrified vehicles after its diesel emissions scandal.

The company said that depending on market developments it could sell 3 million battery-only vehicles a year in 2025. Volkswagen also says that the I.D. Crozz II could come with a voice command which opens the doors.

The Germany automaker previously had said it would spend over €10 billion before 2025 in electric vehicles.

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