By 2025, VW Group expects to sell 3 million electric vehicles a year, Mueller said, in 16 different factories on multiple continents. Currently, there are just three, with another nine set to transition from internal combustion vehicles to EVs in the next two years.
Cedric is the first and only concept vehicle to wear VW Group branding (as opposed to a specific marque), but Müller says the vehicle will shortly be "leaving the Group for refinement into a series product at one of our brands".
But tens of billions of dollars of supply contracts for battery cells through 2025 might seem to indicate some urgency on the part of a company struggling to look forward to a cleaner future rather than backward to the sins of its past.
When it launched Roadmap E in Europe in the third quarter of a year ago, the Volkswagen Group projected it would deliver 80 new EVs from two EV architectures.
"Over the last few months, we have pulled out all the stops to implement "Roadmap E" with the necessary speed and determination", Volkswagen CEO Matthias Mueller said. "This is how we intend to offer the largest fleet of electric vehicles in the world, across all brands and regions, in just a few years".
The company said past year it would like to secure battery-supply contracts totaling 50 billion euros ($62.5 billion) to build into electric cars planned for nearly all of its 12 brands.
The ID Buzz concept demonstrates a fast charger The ID hatch is due on roads in 2020 The ID Crozz SUV will enter production in 2022 Close
It doesn't mean that VW is going all-electric though.
Mueller cited the company's efforts to reduce diesel emissions and recover from its 2015 diesel emissions scandal. About 500,000 diesel vehicles with "defeat" devices were sold between 2009 and 2015 in the USA and another 11 million worldwide. The company has already repaid billions in costs and fines for dodging emission level tests.
Yet, Muller said electrification does not mean the firm is moving away completely from conventional technologies.
We are making massive investments in the mobility of tomorrow, but without neglecting current technologies and vehicles that will continue to play an important role for decades to come.
In 2018, Volkswagen will invest 20 billion euros in developing better diesel and gasoline engines, a sum which would be supplemented by 90 billion euros ($111 billion) over the next five years.
Separately, the German carmaker reiterated guidance for higher vehicle sales and revenue this year and for a group operating margin of 6.5-7.5 percent after 7.4 percent last year. "Operating profit before and after special items was also better than ever, amounting to Euro 17.0 billion before special items and to Euro 13.8 billion after special items".
Russian exile Glushkov in mystery death in London His death was not treated as suspicious, but his friends were not convinced and a coroner later recorded an open verdict. Glushkov was subsequently charged with money laundering and fraud and served five years in jail in Russian Federation .
In addition to the report from Mike Garafolo of NFL Network, 247Sports also has information on the terms of the deal. Last season he caught fewer passes - 23 receptions for 238 yards - but hauled in 5 touchdown passes.
It feels like a mass appeal smartwatch adding NFC payments would help spur adoption, but apparently that's not how Fitbit sees it. All of that is packed into a more slim and sleek metal package with upward of four days promised battery life.
However, ICON thinks that its structure is the first printed house that's been considered habitable by a local government. ICON has partnered with a nonprofit housing foundation New Story to take its technology to the developing world.
An investigation launched into the incident found the officer, who was not named, was legally justified in using the force he did. Faces of nearly all the people present inside the courtroom at the time, including the judge is blurred in the video.
Lotulelei was a five-year starter with Carolina after being selected by the Panthers in the first round of the 2013 draft. In his career, he has started 75 of 76 games, with 88 tackles, 11.5 sacks, two forced fumbles and two fumble recoveries.
A charter bus filled with students reportedly plunged into an Alabama ravine Tuesday morning, leaving numerous people injured. Baldwin County Sheriff Huey Hoss Mack says the bus entered the median on Interstate 10 and then fell into the 50-foot ravine.
This would be PUBG PC update 7, which was released in the early hours this morning, following three hours of server downtime. This should mean a smoother environment to play in, although it won't include the new limb and vehicle penetration system.
To cap it all, Dota Plus members will have access to the Seasonal Terrain that is active during each season. Dota PLus is available now, and you'll receive a discount if you purchase in six or 12-month subscriptions.
And Mata insists: "When we won the Champions League with Chelsea , it was amusing because nobody counted on us". Sevilla's Nolito attends a training session at Old Trafford, Manchester, England, Monday, March 12, 2018.
NCBA Applauds USDA's Withdrawal of Organic Marketing Rule
USDA received roughly 72,000 comments, with an overwhelming majority supporting OLPP, according to the Organic Trade Association . NCBA President Kevin Kester said the rule would have vilified producers raising non-organic livestock.
American Idol to make a return to television
After she sang Adele's "When We Were Young", Katy said she had "full body chills", and Luke compared her voice to an angel's. The female Top 12 are said to include performers Alyssa Raghunandan, Amelia Harris, Catie Turner , and Effie Passero.
Kitty Hawk reveals new Cora air taxi
Mr Johns says it is fitting that this part of the world hosts the trials of the electric self-piloting air taxi. A new all-electric autonomous aircraft built by the startup Kitty Hawk has been in testing for months.
Trump personal aide fired, escorted out without coat
It was not clear why a clearances issue would have warranted the abrupt removal of McEntee from the White House grounds. McEntee, 27, walked on at UConn and was the Huskies' starting quarterback in 2011, leading the team to a 5-7 record.
Ravens sign OL James Hurst to 4-year contract
Baltimore Ravens offensive lineman James Hurst signed a four-year, $17.5 million contract with $8 million guaranteed on Monday. The Baltimore Ravens will not pick up the option for right tackle Austin Howard , according to Ian Rapoport of NFL Network.
Trump says 'disagreed on things' with Rex Tillerson
Hours before his ouster, Tillerson raised eyebrows by issuing some of his strongest statements yet on Russian Federation . Secretary of State Rex Tillerson is the latest in a long string of staff departures under President Donald Trump .