Thursday , October 21 2021

Volkswagen competes with the Americans in Tesla. Germany is preparing electric cars below 20,000 euros


The Volkswagen group of cars intends to sell electric cars at a price below 20,000 euros (22 836 USD) and to protect jobs in Germany.

In this respect, Germany will modify three factories to produce vehicles competing with Tesla, sources say Reuters, who wanted to remain anonymous, write Agerpres.

Plans of the VW electric model, known as the "MEB entry", will be discussed at the Supervisory Committee meeting on November 16, sources say. The group plans to produce 200,000 vehicles of this type.

Another model – I.D. Aero – will be produced in a factory in Emden, Germany, where VW Passat is currently being developed.

Volkswagen, the largest European car manufacturer, would also negotiate alliances with rival Ford and the South Korean company SK Innovation, which manufactures batteries for electric cars, adds sources.

They claim that an electric bucket ID Buzz was produced at the VW factory in Hanover, in which the T6 truck is also produced. To increase the production of electric cars in Hannover, VW vans could be produced at the Ford factory in Turkey if the German trade unions agreed.

Other sources have recently informed Reuters that Volkswagen and Ford Motor have launched "exploratory talks" to jointly develop autonomous and electric vehicles in a strategic alliance that would allow two companies to save billions of dollars.

German and American producers would provide information on the progress of negotiations by the end of this year, said a source that wanted to remain anonymous.

Instead, spokespersons for Ford and VW have just repeated what they said earlier that the two companies work together in the field of commercial vehicle development.

"Our Memorandum of Understanding with VW discusses discussions on possible cooperation in several areas.t, "said Ford spokesman Alan Hall.

Manufacturers around the world are negotiating alliances to share development costs for autonomous and electric vehicles. For example, this month the Japanese group Honda Motor announced that it will invest USD 2.75 billion and will take part in Cruise Automation, a division of the American giant General Motors Co., which implements the development of autonomous vehicles.

Volkswagen and Ford are pushing to launch more electric cars in Europe, where pollution rules are tightened after the VW Dieselgate scandal. On Tuesday, Volkswagen's finance director, Frank Witter, said the German producer is open to the idea of ​​forming alliances with other companies, especially in the field of autonomous cars.

Volkswagen and Ford are already part of a joint venture called IONITY, which also includes rivals BMW and Daimler to create a network of ultra-fast charging stations in Europe. Also in July this year, Ford created a separate department worth $ 4 billion to regroup its autonomous activities related to vehicles, and also began to look for external investors for this department.

Ford Motor employs around 200,000 employees and 67 factories around the world. The second largest American car manufacturer Ford is also present on the Romanian market.

Source link