Volkswagen's Road to Recovery: A Shift Towards Sustainable Mobility

Volkswagen has outlined its strategic plan for recovery after the diesel emissions scandal, emphasizing a significant reduction in spending, with a focus on cutting costs by £750 million annually. This move is aimed at restoring the company's green credibility and prioritizing the development of hybrid and fully electric vehicles. As part of this plan, Volkswagen will utilize its MQB architecture to create a range of plug-in hybrid vehicles and introduce a lineup of fully electric cars, including an all-new Phaeton model.

Key Takeaways:

• Volkswagen plans to reduce spending by £750 million annually to recover from the diesel emissions scandal.
• The company will focus on developing hybrid and fully electric vehicles, with a greater emphasis on plug-in hybrid powertrains using the MQB architecture.
• Volkswagen aims to launch a range of fully electric cars, including the all-new Phaeton, which will share major systems with the Audi Q6 e-tron.
• The Phaeton is expected to hit showrooms within five years, offering long-distance capability, connectivity, and next-generation assistance systems.
• All electric models will have a minimum range of at least 300 kilometres (186 miles), with other models being higher-volume than the Phaeton.

Statistics:

• Volkswagen plans to cut costs by £750 million annually.
• The company will focus on developing hybrid and fully electric vehicles, with a shift towards plug-in hybrid powertrains.
• 300 kilometres (186 miles) is the minimum range for all electric models.
• The all-new Phaeton is expected to launch within the next five years.

Sources:

• nechronicle, "[Volkswagen has set out its strategy for recovery in the wake of the diesel emissions scandal](https://www.nechronicle.co.uk/volkswagen-strategy-recovery/)"