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Volkswagen core brand to accelerate electric vehicle shift

Europe Materials 5 March 2021 13:55 (UTC +04:00)
Volkswagen core brand to accelerate electric vehicle shift

Volkswagen’s namesake brand plans to more than double the share fully electric vehicles have in total European sales by 2030, the company said on Friday, in a bid to accelerate the carmaker’s shift towards battery-powered cars, Trend reports with reference to Reuters.

Fully electric vehicles are expected to account for more than 70% of total European vehicle sales by 2030, compared with a previous target of 35%, the world’s second-largest carmaker said as it unveiled its ‘Accelerate’ strategy.

“With Accelerate we are increasing the speed on our path to a digital future,” said Ralf Brandstaetter, who heads the Volkswagen brand and also sits on the group’s management board.

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