VW hurries new EVs to meet CO2 targets
Skip to main content
Sister Publication Links
  • Automotive News Canada
  • Automotive News Europe
  • Automotive News Mexico
  • Automotive News China
  • Automobilwoche
AN-LOGO-BLUE
Subscribe
  • Subscribe
  • Account
  • login
  • HOME
  • NEWS
    • Dealers
    • Automakers & Suppliers
    • News by Brand
    • Cars & Concepts
    • China
    • Shift
    • Mobility Report
    • Special Reports
    • Digital Edition Archive
    • This Week's Issue
    • TrumpReuters.jpg
      Trump touts finishing 'big deal' with China soon
      Annual electrified vehicle sales likely to dip in 2019
      GM loses more ground as JV deliveries fall
      VW brand posts sales growth for 3 straight months
    • Many lessons learned -- and some underway -- on battery safety
      Four technologies that could take the world beyond lithium ion
      How adhesives aid EV design
      A look at how lithium ion batteries work
    • Connected cars yield to broadband as FCC advances airwaves plan
      CEO of GM's Cruise hints at offering low-cost shared rides
      NTSB scrutinizes 'automation complacency' after Uber crash
      Karl-Thomas Neumann joins board of Israeli startup
    • Automotive News special report: Retail Realities
      2019 UAW-Detroit 3 negotiations: The path forward
      Dealerships owned by ex-NFL stars face collapse, litigation
      Want a luxury car? Try a Kia
    • With battery partner, GM eases risk
      Automakers push GPB to sell stores
      FCA and PSA together will be stronger, Tavares says
      Nissan furloughs U.S. employees to save cash
    • Access F&I
    • Fixed Ops Journal
    • Marketing
    • Used Cars
    • Sales
    • Best Practices
    • Dealership Buy/Sell
    • NADA
    • NADA Show
    • Automakers
    • Manufacturing
    • Suppliers
    • Regulations & Safety
    • Executives
    • Leading Women Network
    • Guide to Economic Development
    • PACE Awards
    • Management Briefing Seminars
    • World Congress
    • Aston Martin
    • BMW
      • Mini
      • Rolls-Royce
    • Daimler
      • Mercedes Benz
      • Smart
    • Fiat Chrysler
      • Alfa Romeo
      • Chrysler
      • Dodge
      • Ferrari
      • Fiat
      • Jeep
      • Maserati
      • Ram
    • Ford
      • Lincoln
    • General Motors
      • Buick
      • Cadillac
      • Chevrolet
      • GMC
      • Holden
    • Honda
      • Acura
    • Hyundai
      • Genesis
      • Kia
    • Mazda
    • McLaren
    • Mitsubishi
    • Nissan
      • Infiniti
    • PSA
      • Citroen
      • Opel
      • Peugeot
    • Renault
    • Subaru
    • Suzuki
    • Tata
      • Jaguar
      • Land Rover
    • Tesla
    • Toyota
      • Lexus
    • Volkswagen
      • Audi
      • Bentley
      • Bugatti
      • Lamborghini
      • Porsche
      • Seat
      • Skoda
    • Volvo
    • (Discontinued Brands)
    • Auto Shows
      • Detroit Auto Show
      • New York Auto Show
      • Los Angeles Auto Show
      • Chicago Auto Show
      • Geneva Auto Show
      • Paris Auto Show
      • Frankfurt Auto Show
      • Toronto Auto Show
      • Tokyo Auto Show
      • Shanghai Auto Show
      • Beijing Auto Show
    • Future Product Pipeline
    • Photo Galleries
    • Car Cutaways
    • Design
  • OPINION
    • Blogs
    • Cartoons
    • Keith Crain
    • Automotive Views with Jason Stein
    • Columnists
    • China Commentary
    • Editorials
    • Letters to the Editor
    • Send us a Letter
    • Alfa-Romeo-Stelvio- web.jpg
      Alfa Romeo could be Tavares' toughest turnaround
      Iacobelli
      Alphons Iacobelli: The bad penny that keeps turning up
      With Mach-E, Ford ensures Mustang badge will live on
      Autonomous
      A call for clarity on self-driving terminology
    • view gallery
      1 photos
      Hop On In
      view gallery
      1 photos
      Polarizing Design
      view gallery
      1 photos
      Charging Ahead
      Roger Penske buys the Indianapolis Motor Speedway and IndyCar
      view gallery
      1 photos
      Pace Truck
    • Shifting gears away from the stick shift
      SEMA still a wonderful circus
      Penske still has plenty of races to win
      Ford's turn in the hot seat
    • December 13, 2019 | Toyota’s Lentz had grace, style and class
      December 6, 2019 | All-Stars will leave an imprint on the industry’s future
      November 29, 2019 | Plenty to be thankful for in the automotive industry
      November 22, 2019 | GM’s lawsuit against FCA is all about payback
    • Jody Hall
      Manufacturing materials count in vehicles' impact on planet
      EV hype or reality? Follow the money
      Lindsay VanHulle
      AI changes work at dealerships
      Troy Blackwell
      New ideas needed to lift EV residuals
    • Output begins to recover, but pressure remains for carmakers
      EV taxis
      Beijing, unrelenting, steps up push for EV output
      Buick in China
      Global automakers raise bet on gasoline crossovers, SUVs in search of growth opportunities
      American brands, losing ground, face new challenges in China
    • Uber case should prompt tighter AV controls
      Plan to clean up UAW corruption is a good start
      Shared benefits make FCA-PSA union worth risk
      GM, UAW should get credit for working out deal
    • Cadillac needs to get its priorities straight
      Trabant has been reliable, mostly
      EVs have challenges, but so did early ICEs
      Detroit 3's sedan move shortsighted
  • DATA CENTER
  • VIDEO
    • AutoNews Now
    • First Shift
    • Special Video Reports
    • Weekend Drive
    • AutoNews Now: Mercedes to delay U.S. launch of all-electric EQC
      AutoNews Now: Asbury to buy luxury dealerships for $1B
      AutoNews Now: Toyota NA chief Jim Lentz to retire in March
      AutoNews Now: GM, Ford praise USMCA compromise
    • First Shift: Tesla says Cybertruck likely will be medium-duty pickup
      First Shift: Feds probe July fire at UAW headquarters
      First Shift: Chevy SUVs get more space, tech, safety features
      First Shift: Workers at several FCA plants vote to approve contract
    • Florida FCA store scores with soft-sell approach in service drive
      Ford's Jim Hackett on Wall Street, the Mustang Mach-E and tech opportunities for dealers
      watch video
      9:13
      Women service staffers defy perceptions, boost customer satisfaction
      Tenn. dealer preaches profits, fixed ops longevity, workplace empathy
    • Why Carlos Tavares wants to merge PSA and FCA  
      Lincoln aims to 'paint a new picture' for shoppers
      VW's Scott Keogh on bringing 'cool' EVs to the masses
      How Toyota found its 'niche' in Mexico
  • EVENTS & AWARDS
    • Events
    • Awards
    • World Congress
    • Retail Forum: NADA
    • Canada Congress
    • Marketing 360: L.A.
    • Europe Congress
    • Retail Forum: Chicago
    • Leading Women Conference Detroit
    • Retail Forum: Toronto
    • Fixed Ops Journal Forum
    • 100 Leading Women
      • Submit a nomination for 2020
    • 40 Under 40 Retail
    • All-Stars
    • Best Dealerships To Work For
    • PACE Awards
    • PACEpilot
    • Rising Stars
    • Europe Rising Stars
  • JOBS
  • +MORE
    • Leading Women Network
    • Podcasts
    • Webinars
    • Publishing Partners
    • Classifieds
    • People on the Move
    • Newsletters
    • Contact Us
    • Media Kit
    • RSS Feeds
    • Shift: A Podcast About Mobility
    • Special Reports Podcasts
    • Weekend Drive Podcasts
    • Ally: Do It Right
    • DealerSocket
    • Deloitte: Cyber everywhere: Preparing for automotive safety in the face of cyber threats
    • Facebook: The road to a zero-friction future
    • Guide To Economic Development
    • PayPal Credit: How consumer financing helps drive sales for online auto parts retailers
MENU
Breadcrumb
  1. Home
  2. Cars & Concepts
March 21, 2017 01:00 AM

VW hurries new EVs to meet CO2 targets

Christiaan Hetzner
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Volkswagen's I.D. concept was unveiled at the Paris auto show.

    WOLFSBURG -- Volkswagen must have the first of its I.D. purpose-built electric cars on sale in 2020 to achieve CO2 reduction targets in Europe and China, company executives said.

    VW plans to approve in August the design of the first vehicle, a Golf-sized hatchback based on the I.D. concept unveiled at the Paris auto show in October.

    The automaker has already signed off on launching two additional models based on its new MEB modular electric platform.

    The second will be an SUV, planned for after 2020. A concept will debut at the Shanghai show next month. The third, a minibus with self-driving capability, was previewed by the I.D. Buzz at the Detroit auto show in January and is expected by 2022.

    VW brand CEO Herbert Diess said contracts to source the batteries have already been signed and his team is currently sourcing the components for a new electric/electronics architecture.

    "It's a very tight time plan for 2020, but we need the cars then to comply with our fleet targets. So, it's a necessity to achieve the launch dates, but it's well on the way," Diess told analysts at VW's headquarters here last week.

    The EU is asking automakers to reduce fleet CO2 emissions to 95 grams per kilometer by 2021. In China, expected to be the most important market for EVs, particularly for the I.D. SUV, regulatory requirements foresee fuel consumption of just 5 liters per 100 km, which is roughly equivalent to 117 grams.

    Volkswagen Group China boss said the China target will be difficult to achieve because there is no market for diesels in China and sales are skewed towards longer and taller cars such as SUVs that are heavier and less aerodynamic. "This five-liter target is as challenging as the 95 gram CO2 target in Europe for 2020. In addition, China is on the way to implementing really the most challenging emission regulations worldwide," Heizmann told analysts.

    Volkswagen has committed itself in China to selling about 400,000 so-called New Energy Vehicles (NEV) in 2020 consisting of a mix of pure-battery cars and plug-in hybrids with the number growing in the years thereafter.

    Diess said China will be "our volume base and scale base for all the electric vehicles we are doing."

    "We have to sell there close to 1 million electric vehicles by the year 2025 -- just Volkswagen -- and from this volume base we can really do something in the rest of the world," he said.

    Profit margins

    VW Group's other brands including Skoda, Seat and Audi are working on their derivatives that will be built off the MEB architecture that VW is developing for the group. Thanks to the volumes that the VW brand expects from MEB, it should be able to earn a decent margin.

    "I am confident that already the first cars will be profitable, not hugely profitable but profitable, and the later-coming, more SUV-based, bigger cars should achieve good returns on investment and also good margins," Diess said.

    Letter
    to the
    Editor

    Send us a letter

    Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

    Recommended for You
    Digital Edition
    THIS WEEK'S EDITION
    See our archive
    Fixed Ops Journal
    Fixed Ops Journal - 10-21-19
    Read the issue
    See our archive
    Sign up for free newsletters
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please select at least one newsletter to subscribe.

    You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.

    Get Free Newsletters

    Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Now

    Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that’s vital to your business.

    Subscribe Now
    Connect With Us
    • Facebook
    • Instagram
    • LinkedIn
    • Twitter

    Our mission

    The Automotive News mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in North America.

    AN-LOGO-BLUE
    Contact Us

    1155 Gratiot Avenue
    Detroit, Michigan
    48207-2997

    (877) 812-1584

    Email us

    Automotive News
    ISSN 0005-1551 (print)
    ISSN 1557-7686 (online)

    Fixed Ops Journal
    ISSN 2576-1064 (print)
    ISSN 2576-1072 (online)

    Resources
    • About us
    • Contact Us
    • Media Kit
    • Subscribe
    • Manage your account
    • Reprints
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    Automotive News
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • HOME
    • NEWS
      • Dealers
        • Access F&I
        • Fixed Ops Journal
        • Marketing
        • Used Cars
        • Sales
        • Best Practices
        • Dealership Buy/Sell
        • NADA
        • NADA Show
      • Automakers & Suppliers
        • Automakers
        • Manufacturing
        • Suppliers
        • Regulations & Safety
        • Executives
        • Leading Women Network
        • Guide to Economic Development
        • PACE Awards
        • Management Briefing Seminars
        • World Congress
      • News by Brand
        • Aston Martin
        • BMW
          • Mini
          • Rolls-Royce
        • Daimler
          • Mercedes Benz
          • Smart
        • Fiat Chrysler
          • Alfa Romeo
          • Chrysler
          • Dodge
          • Ferrari
          • Fiat
          • Jeep
          • Maserati
          • Ram
        • Ford
          • Lincoln
        • General Motors
          • Buick
          • Cadillac
          • Chevrolet
          • GMC
          • Holden
        • Honda
          • Acura
        • Hyundai
          • Genesis
          • Kia
        • Mazda
        • McLaren
        • Mitsubishi
        • Nissan
          • Infiniti
        • PSA
          • Citroen
          • Opel
          • Peugeot
        • Renault
        • Subaru
        • Suzuki
        • Tata
          • Jaguar
          • Land Rover
        • Tesla
        • Toyota
          • Lexus
        • Volkswagen
          • Audi
          • Bentley
          • Bugatti
          • Lamborghini
          • Porsche
          • Seat
          • Skoda
        • Volvo
        • (Discontinued Brands)
      • Cars & Concepts
        • Auto Shows
          • Detroit Auto Show
          • New York Auto Show
          • Los Angeles Auto Show
          • Chicago Auto Show
          • Geneva Auto Show
          • Paris Auto Show
          • Frankfurt Auto Show
          • Toronto Auto Show
          • Tokyo Auto Show
          • Shanghai Auto Show
          • Beijing Auto Show
        • Future Product Pipeline
        • Photo Galleries
        • Car Cutaways
        • Design
      • China
      • Shift
      • Mobility Report
      • Special Reports
      • Digital Edition Archive
      • This Week's Issue
    • OPINION
      • Blogs
      • Cartoons
      • Keith Crain
      • Automotive Views with Jason Stein
      • Columnists
      • China Commentary
      • Editorials
      • Letters to the Editor
      • Send us a Letter
    • DATA CENTER
    • VIDEO
      • AutoNews Now
      • First Shift
      • Special Video Reports
      • Weekend Drive
    • EVENTS & AWARDS
      • Events
        • World Congress
        • Retail Forum: NADA
        • Canada Congress
        • Marketing 360: L.A.
        • Europe Congress
        • Retail Forum: Chicago
        • Leading Women Conference Detroit
        • Retail Forum: Toronto
        • Fixed Ops Journal Forum
      • Awards
        • 100 Leading Women
          • Submit a nomination for 2020
        • 40 Under 40 Retail
        • All-Stars
        • Best Dealerships To Work For
        • PACE Awards
        • PACEpilot
        • Rising Stars
        • Europe Rising Stars
    • JOBS
    • +MORE
      • Leading Women Network
      • Podcasts
        • Shift: A Podcast About Mobility
        • Special Reports Podcasts
        • Weekend Drive Podcasts
      • Webinars
      • Publishing Partners
        • Ally: Do It Right
        • DealerSocket
        • Deloitte: Cyber everywhere: Preparing for automotive safety in the face of cyber threats
        • Facebook: The road to a zero-friction future
        • Guide To Economic Development
        • PayPal Credit: How consumer financing helps drive sales for online auto parts retailers
      • Classifieds
      • People on the Move
      • Newsletters
      • Contact Us
      • Media Kit
      • RSS Feeds