Volkswagen Group to cut 60% of combustion cars by 2030

Volkswagen Group may give up on the race to be the world's largest car manufacturer for the title of a formidable player in the electric vehicle segment worldwide.
By : HT Auto Desk
| Updated on: 06 Apr 2022, 17:05 PM
File photo: New cars are seen parked at the plant of Volkswagen Group. (REUTERS)
File photo: New cars are seen parked at the plant of Volkswagen Group. (REUTERS)
File photo: New cars are seen parked at the plant of Volkswagen Group. (REUTERS)
File photo: New cars are seen parked at the plant of Volkswagen Group.

That Volkswagen Group has massive electric vehicle plans and targets has been well established and has been known for quite some time now. But in its ambitious move to take on the likes of Tesla - the current EV leader in the world, the company is going ahead steadfast to replace its fleet of conventional vehicles with those powered by battery. In a recent interview to UK's Financial Times, Volkswagen Group CFO Arno Antlitz highlighted how it may all boil down to quality over quantity while still cutting down on how many petrol or diesel-powered vehicles are manufactured.

There are at least 100 models under the Volkswagen Group brand portfolio which are either powered by a petrol engine, a diesel motor or with both options. For Antlitz, it may well be a more streamlined process going forward. “The key target is not growth. We are more focused on quality and on margins, rather than on volume and market share," he was quoted as saying, adding that the plan is to cut down on conventional models over the course of the next eight years.

Similar Cars

Find More Cars
Tata Tigor Ev (HT Auto photo)
Tata Tigor Ev
Electric | Automatic
₹11.99 - 13.14 Lakhs**Ex-showroom price
Tata Altroz Ev (HT Auto photo)
UPCOMING
Tata Altroz Ev
 
₹12 - 15 Lakhs* *Expected Price
Tata Nexon Ev (HT Auto photo)
Tata Nexon Ev
Electric | Automatic
₹13.99 - 16.85 Lakhs**Ex-showroom price
Mahindra Xuv400 Ev (HT Auto photo)
UPCOMING
Mahindra Xuv400 Ev
 
₹14 - 16 Lakhs* *Expected Price
Tata Nexon Ev Prime (HT Auto photo)
Tata  Nexon Ev Prime
30.2 kWh | Electric | Automatic | 312 Km
₹14.99 - 17.5 Lakhs**Ex-showroom price
Tata Nexon Ev Max (HT Auto photo)
Tata Nexon Ev Max
Electric | Automatic
₹17.74 - 19.24 Lakhs**Ex-showroom price

But it may now be a change of course in terms of previous strategy to become thr world's largest car manufacturer, a war for which has or had been waged against Toyota and GM. In recent times, Volkswagen Group has doggedly pursued Tesla and recognizes the inevitable shift towards battery-powered mobility. The ID range of electric cars under Volkswagen or even the strategy to have only electric Bentleys from 2030 is a clear sign of this. Audi and Porsche too have been working increasingly towards electric performance and SUV models while the Skoda Enyaq iV has been making noises in select markets.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

In India though, Volkswagen has made it clear it isn't thinking on the lines of bringing in its EVs just yet even though the likes of Audi and Porsche under the Volkswagen Group have driven in their luxury - and expensive - offerings.

First Published Date: 06 Apr 2022, 17:05 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city