The Wolfsburg-based group has a new corporate strategy – and a new goal. It’s about the real CO2 footprint of the cars.
The Volkswagen Group wants to have converted half of its entire range of models to battery cars by 2030. CEO Herbert Diess announced this goal on Tuesday when the new corporate strategy was presented.
The largest European car group is also planning to reduce the real CO2 footprint per car over the entire life cycle of a vehicle by 30 percent compared to 2018 levels in the current decade.
The specifications are “in line with the Paris Agreement,” said VW with a view to the international climate targets. On Wednesday, the EU Commission in Brussels expects details of the steps the European states are to take to reduce greenhouse gas emissions by 55 percent compared to 1990 levels by 2030.
By 2040, the world’s second-largest car company after Toyota wants to create a share of “almost 100 percent of all new vehicles in the important markets” that are carbon-neutral on the balance sheet. The aim is to achieve a completely balanced CO2 balance throughout the group by 2050 at the latest.
Volkswagen wants to become the global market leader in e-mobility and above all to catch up with its US competitor Tesla. In the years to come, billions will be invested in the area, as well as in digitization and services. After a rather slow start, the demand for electric vehicles is increasing in many countries – also thanks to lavish government subsidy programs. When it presented its own new strategy in spring, the core brand VW Pkw announced that it would make at least 70 percent of its sales in Europe from pure electric vehicles by 2030.

Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.