WOLFSBURG — Volkswagen Group increased the global production and product scope of its upcoming full-electric cars, while warning the EV push will lead to job cuts.
The 12-brand group, which includes Audi, Porsche and Bentley, now plans to launch 70 full-electric models over the next decade, accounting for 22 million battery-powered vehicles. Previously, Volkswagen had said it planned to build up to 15 million battery-electric vehicles globally by 2025 across 50 models.
VW Group CEO Herbert Diess committed the automaker to a “fully CO2-neutral balance” in all areas from fleet to production to administration by 2050.
