Due to the impact of the situation in Russia and Ukraine, Volkswagen had to suspend production in Russia, but will continue to provide 80% of the salaries of Russian employees and continue to provide parts for Russian users. The Volkswagen Group will support the resumption of production at the Ukrainian wire harness plant and gradually shift the capacity for automobile production to China and the Americas.
The most important next step in Volkswagen's electrification is the Trinity project, which will produce a purely electric model with a futuristic design and a sense of technology, which will go directly to L4 level autonomous driving. The Volkswagen Group will build a new electric factory and R&D center next to the Wolfsburg plant, making this plant an important step against Tesla Giga Berlin.
The project will create more jobs and hopefully the local government will speed up approvals for Mass factories to ensure that they can be completed on time to maintain a sufficient competitive advantage.
In the Chinese market, the Volkswagen Group will promote its electric vehicle strategy as planned, with the goal of doubling the sales of pure electric vehicles by 2022. The Volkswagen Group also looked forward to its 2022 performance, with the group's delivery volume increasing by 5% to 10% year-on-year, revenue increasing by 8%-13% year-on-year, and the sales share of pure electric vehicles will reach 7%-8%.
In terms of the profit margin of pure electric vehicles, Volkswagen Group believes that the price advantage of the MEB platform is very obvious, and is confident that the profit margin of pure electric vehicles will be raised to the same level as that of fuel vehicles, and will increase the opening of the MEB platform to third parties. Ford will also use Volkswagen's MEB platform for production, achieving greater economies of scale and improved profit margins.
(Text: Pacific Auto Network Yayong)