Mobility

VW's EV commitment is 15 million vehicles, not 50 million

CEO Herbert Diess
Fs
By:
From staff reports
November 16, 2018 05:00 AM

Volkswagen Group has corrected a key figure used by CEO Herbert Diess to describe the extent of the automaker's plans to dominate the world's mass-market electric vehicle marketplace.

During an Oct. 31 interview with Automotive News, Diess said the automaker's full-electric MEB platform "is already booked for 50 million cars. We have sourced the batteries for 50 million electric cars, so this is a huge momentum coming, and probably from a volume piece, I think we have the best setup strategy for the electric vehicles to come."

Volkswagen has booked its flexible MEB platform and sourced batteries to produce millions of future vehicles, Pietro Zollino, a spokesman for the automaker, said Thursday. But the number is 15 million, not 50 million.

The automaker expects to put those 15 million EVs on the world's roads by 2025. That commitment could grow if the company opts to license MEB to other global automakers, an option Diess said is under consideration.

All online stories published by the Automotive News Group using the 50 million figure have been corrected.

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