All Press Releases
This is an overview of press releases of the Volkswagen Group. To stay informed, users can subscribe to the press releases of Volkswagen Group via e-mail service.
Press Release
“A Matter of Trust“: Volkswagen supports 4th Kultursymposium of Goethe-Institut in Weimar
The Volkswagen Group continues its partnership with the Kultursymposium Weimar, a biennial event organised by the Goethe-Institut. Among the international speakers and guests is Professor Patrick van der Smagt, Director of the Machine Learning Research Lab at Volkswagen Group. Volkswagen also supports the work of the Goethe-Institut as a founding member of the Business and Industry Advisory Board, represented by Volkswagen’s Board Member Hauke Stars.
Press Release
Structural and personnel realignment at CARIAD
The Supervisory Board of CARIAD has approved a comprehensive realignment of the Volkswagen Group’s software subsidiary. Peter Bosch, previously responsible for manufacturing at Bentley and the Volkswagen AG representative on the Board of Scout Motors, has been appointed CEO. Supported by acknowledged software experts and a transformation team of experienced managers from the Volkswagen Group, CARIAD senior management and technology specialists will comprehensively advance the development of CARIAD.
Press Release
Shell and Volkswagen push ahead the expansion of charging infrastructure: Opening of the first innovative Flexpole charging station
Shell Germany and the Volkswagen Group are jointly driving forward the expansion of the charging infrastructure for electric mobility: On May 4, 2023, the first innovative 150 kW Elli Flexpole charging station was put in operation at a Shell service station in Göttingen. The charging station of the Volkswagen brand Elli has a unique battery storage system that enables connection to a low-voltage grid. Thanks to this new technology, the charging stations can be installed easily and flexibly, and the grid expansion can be accelerated. Following a successful test operation, Shell and Volkswagen also plan to install the Flexpole charging station at other locations in Germany and Europe.
Press Release
Volkswagen Group makes solid start to fiscal year 2023 with strong increase in revenues and underlying operating profit
The Volkswagen Group made a solid start to fiscal year 2023. Despite the challenging global environment, operating profit before negative valuation effects, mainly from commodity hedging activities saw a strong increase in the first quarter.
Press Release
Volkswagen Group Technology: Bundling competencies to become a technology leader in e-mobility
Volkswagen Group Technology is the central technology supplier for the electric vehicles based of the Volkswagen Group. In the case of the ID.7, Volkswagen's new flagship, the division contributes around 40 percent of the total value added – including a completely new, highly efficient electric drive generation. This was announced today by Thomas Schmall, Member of the Board of Management of Group Technology, at the Vienna Motor Symposium 2023. Since September 2020, Volkswagen Group Technology has already equipped more than 580,000 MEB vehicles of the Group with high-tech components, making it one of the largest suppliers in the world of e-mobility.
Press Release
Volkswagen and PowerCo SE will build their largest cell factory to date in Canada
The Volkswagen Group is pushing ahead with its ambitious electric vehicle (EV) strategy in North America. Its battery company PowerCo SE aims to build its largest gigafactory to date in St. Thomas, Ontario/Canada with an annual production capacity of up to 90 GWh in the final expansion phase. The planned investment of up to €4.8 billion / CAD$ 7 billion until 2030 has the potential to create up to 3,000 highly skilled jobs at the factory and tens of thousands more indirect jobs in the region. The announcement was made today in the presence of Canada’s Prime Minister, the Right Honourable Justin Trudeau, the Honourable François‑Philippe Champagne, Minister of Innovation, Science and Industry, Ontario’s Premier, the Honourable Doug Ford, the Honourable Victor Fedeli, Ontario's Minister of Economic Development, Job Creation and Trade, and Joe Preston, Mayor of the City of St. Thomas.
Press Release
Volkswagen Group delivers 42 percent more all-electric vehicles in the first quarter
The Volkswagen Group successfully continued its transition to electric mobility in the first quarter of 2023. By the end of March, deliveries of all-electric vehicles (BEVs) have risen by 42 percent compared to the prior-year period, which was hit harder by supply chain issues. A total of 141,000 BEVs were handed over to customers, up from 99,200 in the first quarter of 2022. BEVs made up 6.9 percent of total deliveries in this period, compared with 5.2 percent in the first three months of the previous year. Europe was the biggest growth driver here with an increase of 68 percent to 98,300 vehicles. The BEV order backlog in Western Europe remains high at over 260,000 vehicles.
Press Release
Volkswagen Group brings products to market faster in China – development time reduced by around 30 percent
The Volkswagen Group is systematically expanding its development expertise ‘in China for China’. The company is investing around EUR 1 billion in a new state-of-the-art development, innovation, and procurement centre for fully connected intelligent electric vehicles in the southern Chinese city of Hefei. The announcement was made today by the Volkswagen Group at the Shanghai Auto Show. The new company, with the project name ‘100%TechCo’, combines vehicles and components R&D teams with purchasing. This will leverage synergies in the development process and integrate state-of-the-art local technologies into product development at an early stage. The aim is to align the Group’s vehicles even more quickly with the wishes of Chinese customers and to achieve shorter time to market. With the launch of 100%TechCo in 2024, the development times of new products and technologies will be gradually shortened by around 30 percent.
Press Release
Europe’s biggest charging network: 500,000 Elli charging points set the stage for the transition to e-mobility
Elli, the market leader among Europe’s charging network providers with 500,000 charging stations, has become the first company to achieve an important milestone in accessing the charging infrastructure. In the last four months alone, the Volkswagen Group’s charging and mobility brand has added 100,000 charging points to its network. Elli gives customers a comfortable, cross-border charging experience, providing access to some 950 providers in 28 countries. A close-knit, reliable charging network and easy-to-use charging stations are the key to e-mobility. They allow drivers to use their electric vehicle without range anxiety.
Press Release
Volkswagen is committed to more sustainable leather sourcing
The brands of the Volkswagen Group have joined the Leather Working Group (LWG). The Group seeks to play a leading role in the auto industry in terms of responsible raw material procurement, and becoming a member of LWG is a further milestone on the way to achieving greater sustainability throughout the entire value chain.
