E-offensive gains traction: Volkswagen Group significantly reduces CO2 fleet average in the EU

Volkswagen Passenger Cars was the first Group brand to deliver all-electric vehicles based on the Modular Electric Drive Toolkit (MEB) to customers in 2020. Launched in September, the ID.3 has enjoyed great demand from customers, with 56,500 vehicles already handed over by the end of the year. A total of around 212,000 electric Volkswagen vehicles were transferred to customers in the past year, including around 134,000 BEVs. This means that the brand significantly overfulfilled its CO₂ fleet target and made a considerable positive contribution to the Group.

The Audi brand also came within its CO₂ fleet target in 2020 and contributed positively to the Group. The brand continues its transformation into a provider of sustainable premium mobility; last year it was by far the largest manufacturer of electric vehicles among the three German premium brands. The successful Audi e-tronmodel (incl. Audi e-tronSportback) recorded a significant increase in demand in the past year, with year-on-year growth of 79.5 percent (47,300 vehicles). Worldwide, the Audi e-tronis the best-selling electric vehicle among German premium manufacturers.

The Volkswagen Group will systematically step up its e-offensive in 2021 with a large number of new all-electric vehicles based on the Modular Electric Drive Toolkit (MEB). Audi will start this year with the Q4 e-tron

and Q4 e-tronSportback, CUPRA will launch the el-Born and ŠKODA will bring the Enyaq iV to its customers. Volkswagen Passenger Cars will launch the ID.4 in in a number of additional markets and present a new all-electric model.

The Volkswagen Group, together with other manufacturers, has launched a CO₂ pool for passenger car registrations in the European Union. Based on preliminary figures, this pool achieved average CO₂ emissions of 99.3 g/km, thus narrowly missing its target by around 0.5 g/km. The final confirmation by the EU Commission is to follow at a later date.

Volkswagen is the first automotive group to commit to the Paris Climate Agreement and intends to become climate-neutral by 2050. The Group aims to become the leading provider of electric vehicles worldwide by 2025. Until then, around €35 billion of investments are therefore planned in e-mobility and another amount of around €11 billion in the hybridization of the model portfolio. The Group is planning to sell around 26 million battery electric vehicles by 2030. Around 19 million of these vehicles will be based on the Modular Electric Drive Toolkit (MEB), while most of the remaining 7 million vehicles will be based on the High Performance Platform (PPE). The Group expects around 7 million hybrid vehicles in the same period. These plans do not yet incorporate potential future requirements under the EU's Green Deal.