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image: REUTERS/Jason Lee/File Photo

Volkswagen group plans to build 10 million e-cars in first wave

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) plans to build 10 million electric cars based on its new modular MEB platform, the German car maker said on Monday, as it targets the launch of worldwide mass production toward the end of 2022.

VW will build 27 models for four group brands based on the MEB – or modular electrification kit – starting with the Volkswagen ID model that will begin rolling off the production line at its plant in Zwickau, Germany, late next year.

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