March 21, 2023

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Volkswagen launches the challenge: the German company opens its doors to the future | An exciting investment

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Volkswagen ends 2022 with encouraging results, even opening 2023 with a bold investment plan to focus on electrification and digitization

In the year 2022, which ended between periods of ups and downs in the car market, as the electric car sector lost the largest number of points, Volkswagen seems unstoppable. In 2022, Group A Record 26% growth in deliveries of 100% electric vehiclesTo consolidate its leading position in the market.

there Share electric cars of the total sales sold 7%Not bad compared to its competitors, but the 16% increase in the EV order book over the previous year looks even better.

According to the German company’s top management, this is evidence of Volkswagen’s strategic priority in accelerating the transition to electricity. The group’s success is a clear sign of the growing demand for electric vehicles, at least in Europe, with Italy representing an isolated case against the trend.

The end of the supply crunch, new models soon into production

Arno Antlitz, Chief Financial Officer and Chief Operating Officer of the Volkswagen GroupHe expressed his satisfaction with the results of 2022, the year that witnessed… 572,100 vehicles were delivered Increase in revenue and operating profit. This year there are already approx 1.8 million orders in the portfolio Despite the uncertain economic environment. “In 2023 – the group’s sources explain in a press release – a gradual easing of supply chain bottlenecks is expected.”

Return to normal will be confirmed by arrival Many new models Notable, such as the new ID.3, ID.7, ID. Long wheelbase Buzz, CUPRA Tavascan and Audi Q8 e-tron. With this new range of zero-emission cars, Volkswagen is setting itself the goal of achieving a The electricity share is 10%. of the total births.

Arno Antlitz, Chief Financial Officer and Chief Operating Officer of the Volkswagen Group –

Investments worth $180 billion in 5 years

Therefore, the future is electric and the group has an ambitious plan to lead this revolution. with 180 billion euros over the next five yearsHeadquartered in Wolsburg, the company aims to become a world leader in battery production, expand its presence in North America, promote digitalization and improve product positioning in China, in order to further expand the vehicle range.

More than half of the investments will go to digitization and electrification, the two areas that are key to the future development of the brand. thanks for the Establishment of a gigafactory For the production of battery cells and the procurement of raw materials, the group aims to generate a An annual turnover of more than 20 billion euros by 2030.

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