Recently, Volkswagen held its 2024 annual press conference. At the press conference, officials released the brand’s financial status, future development vision and product planning. It is reported that Volkswagen will launch 11 new electric models before 2027, including two new cars built in cooperation with Xpeng, which are expected to be launched in 2026; Volkswagen ID.2 will be released in 2025, It will be launched in 2026; in the future, a more entry-level electric model "ID.1" will be launched in 2025 and launched in 2027.
Looking at the detailed models, in addition to the ID.BUZZ LWB, ID.7, ID.7 Tourer, ID.GTI Concept, and ID.2ALL models, Volkswagen will also bring ID.2ALL SUV, entry-level models in the future Class E-Volkswagen, ID.4 PA, A-Main SUVe and two products jointly created with Xpeng, currently named VW/Xpeng 1 and VW/Xpeng 2 respectively.
In addition, the press conference also discussed the profitability of electric vehicles and the profitability of fuel vehicles. Officials stated that the profits of electric vehicles and fuel vehicles have not yet reached similar levels, and the profits of electric vehicles must continue to be improved. Capability, Volkswagen's approach is to reduce factory costs and battery costs, approaching the profit level of fuel vehicles. It’s not yet known how profitable electric vehicles can be. However, Volkswagen believes that the future development of electric vehicles will be similar to that of diesel vehicles, which have always been more expensive than gasoline vehicles. Weak demand for electric vehicles has indeed emerged, but we still believe that electric vehicles are the future of mobility. The transformation has encountered headwinds in certain areas, government subsidies have stopped, and we must take measures to overcome the problems. The night shift was stopped in the factory.
Whether we should stop selling fuel vehicles in 2035 is not the key question. We must go all out to complete the transformation now. The next three years are important. The Volkswagen Group already has a good product series.
VW officials previously stated that the Volkswagen Group will continue to strengthen its dominant position in the fuel vehicle market and extend it to the field of new energy vehicles, using the profits from the fuel vehicle business to Provide financial support for the development of intelligent connected car business. All major fuel vehicle products will achieve high-end technology upgrades in the next few years. The Group will continue to introduce innovative technologies into its products, including high-end driver assistance functions for the Chinese market, smart cockpits, new in-car navigation systems, and AI smart assistants, to enhance the intelligence level of its products. Continue to launch new models and enrich the product lineup of fuel vehicles. By promoting hybrid technology, we will gradually realize the transformation of fuel vehicle products into new energy sources.
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Editor: Graduation