• Advertise
  • Privacy Policy
  • Invest in Latam
  • Latam Mobility
  • Latam Green
  • Latam Future Energy
  • H2 Business News
Green Racing News
Advertisement
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • About
  • Contact
  • English
  • Spanish
No Result
View All Result
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • About
  • Contact
  • English
  • Spanish
No Result
View All Result
Green Racing News
No Result
View All Result
Home Brands

Volkswagen announces 50% cheaper batteries for electric vehicles in two years

March 22, 2021
In Brands
Volkswagen anuncia que en dos años disminuirá el costo de las baterías para autos eléctricos en un 50%

Photo reference

Share on FacebookShare on TwitterShare on Linkedin

During the ‘Power Day’, an event where Volkswagen exposed all the plans on electrification, the brand announced that they will cut the cost of the batteries of their electric cars by half from 2023.

Volkswagen have set themselves the goal of lowering the cost of batteries, by up to 50% in their small electric cars and by up to 30% in high-volume and higher-segment cars. According to Thomas Schmall, a member of the Technology Council of the Volkswagen Group, this is one of the keys to making electric mobility finally “affordable and the dominant driving technology”.

The German firm pointed out that the price of batteries will be “well below” 100 euros per kWh.

This reduction in the cost of batteries will be possible thanks to the new unified cells that will be used with structural batteries. The new cell will be launched in 2023 and by 2030 they will be equipped in eight out of 10 Volkswagen Group electric vehicles (including all brands).

It may also interest you: Porsche made a profit of 4.2 billion euros in 2020

According to the German manufacturer, they will be able to save costs by optimizing the type of cell, applying innovative production methods and making intensive use of recycling. The most important source of savings will be the anode and cathode raw materials themselves, which will reduce the cost by 20%.

The cell design will save another 15%, while production will reduce the price by another 10% thanks to more efficient processes and economies of scale.

Production increase in Europe

The Volkswagen Group will give a strong boost to battery production in Europe to have a total of six cell factories in operation in the old continent by 2030, thus guaranteeing security and regularity in supply.

The first two factories will go into operation in Skellefteå (Sweden) and in Salzgitter (Germany). The Swedish factory, which Volkswagen will run in collaboration with Northvolt, will come into operation in 2023 and will concentrate the bulk of production, which will gradually expand to reach an annual capacity of up to 40 GWh.

In addition to the two mentioned, Volkswagen will build a factory in Western Europe (in Spain, France or Portugal, according to Thomas Schmall); another in Eastern Europe; and two more whose location has not yet been announced.

Written by | Gabriel Sayago

Tags: batteriesElectric carsVolkswagen
Previous Post

The electric motorcycle market expands: Wellta Motors born in Spain with two attractive vehicles

Next Post

Get to know where you can see the Extreme E according to your country

Osward Rubio

Osward Rubio

Head of Content for Green Racing News & Latam Mobility

Related Posts

Volkswagen ID.AERO: A Worthy Rival to Compete with the Tesla Model 3
Brands

Volkswagen ID.AERO: A Worthy Rival to Compete with the Tesla Model 3

January 13, 2023
Tesla & SpaceX: This is a Vehicle Between the Two Brands
Brands

Tesla & SpaceX: This is a Vehicle Between the Two Brands

January 9, 2023
Ford F-150 Lightning 2023 se estrena como vehículo policial en Estados Unidos
Brands

Ford F-150 Lightning 2023 Debuts as a Police Vehicle in the U.S.

December 27, 2022
Dodge Charger Daytona SRT eléctrico tendrá sonido computarizado para el motor
Brands

Dodge Charger Daytona SRT Electric to Feature Computerized Engine Sound

December 15, 2022
Lucid Sapphire 2023: Elegance and Power with over 1,000 hp
Brands

Lucid Sapphire 2023: Elegance and Power with over 1,000 hp

December 14, 2022
Vehículo y oficina: La doble función del Hyundai IONIQ 6
Brands

Car and Office: The Dual Role of the Hyundai IONIQ 6

December 12, 2022
Next Post
Get to know where you can see the Extreme E according to your country

Get to know where you can see the Extreme E according to your country

We provide the best news on zero emission racing, our coverage includes Formula E, Extreme E, Moto E, Roborace, E1 Series, eSkootr and also eRacing.

Linkedin Whatsapp Instagram Twitter Youtube Facebook
Browse by Category
  • Formula E
  • Extreme E
  • Bios
  • Tech
  • Brands
  • Others

Newsletter

Subscribe to our mailing list to receive Monthly updates direct to your inbox!
  • This field is for validation purposes and should be left unchanged.
© 2021 Copyright Green Racing News by Latam Mobility. Diseño web Imagina la web
No Result
View All Result
  • Home
  • Formula E
  • Extreme E
  • Tech
  • Brands
  • Others
  • About
  • Contact
  • English
  • Spanish

© 2021 Copyright Green Racing News by Latam Mobility. Diseño web Imagina la web

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.