The Germans from Volkswagen announced today that they want to build six battery factories in Europe by 2030, to secure their supply in the context in which the second largest car manufacturer depressed the accelerator pedal on the way to electric mobility, according to Reuters.
The six production facilities will be built through partnerships and will have a production capacity of 240 GW per year, according to information provided by the company during the Power Day event.
The destinations for these investments have not been announced yet, and Romania is already traditionally an attractive market for automotive manufacturers. In this context, Romania could have the chance to attract investments related to the energy transition, on each of the verticals of this transformation.
All or nothing
The Germans from Volkswagen plan that of the total number of vehicles that will be sold in Europe in 2030 under the Volkswagen brand, a percentage of 70% will be represented by electric vehicles, the company announced at the beginning of March, highlighting an acceleration of the transition to older “greener” ones.
The 70% target is an ambitious one, in the context in which so far the target has been set at 35%. The second largest carmaker puts its ambition under the umbrella of a strategy called “Accelerate”.
“With Accelerate we will increase the speed with which we are on our way to a digital future,” said Ralf Brandstaetter, who runs the Volkswagen brand.
In China and the United States, the share of electric vehicles sold should reach 50% of the total by 2030, the company announced, which means that the giant is fighting Tesla.
“Of all the big manufacturers, Volkswagen has the best chance of winning this race. While competitors are still in the midst of electrical transformation, we are already making great strides in the direction of digital transformation, ”added Brandstaetter.
Good signals
The Volkswagen giant has managed to overtake Tesla in sales of electric vehicles in Europe in the last month of 2020, in the context in which the big car manufacturers mobilized to surpass the star of the electric mobility market, according to Bloomberg.
The Germans sold 49,704 electric cars in Europe in December, almost double the number of Tesla cars registered in the same period in Europe, according to market research firm Jato Dynamics.
Volkswagen’s new ID.3 has overtaken Tesla’s Model 3 and was the second best-selling car in the entire European market in December.
In a year in which Tesla has become the star of the capital markets and the car manufacturer with the highest market value – over Volkswagen and Toyota Motor – Tesla’s sales have fallen by 12% in Europe, according to research company Jato.
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