Volkswagen’s Mega Road to Electric Future
Big Numbers, Big Vision: The German giant is aiming to crank out 800,000 fully electric cars this year and a whopping 1.3 million in 2023. The dream? To have half of all cars it produces worldwide be 100% electric by 2030.
What the Sales Boss is Saying
Hildegard Wortmann, Volkswagen’s sales head, is upbeat: “We’ll hit Europe’s emissions targets in 2024, even with all the hurdles in car manufacturing.” She adds that electric vehicle sales are on the rise, even though the overall delivery numbers have dipped.
CEO’s Side‑Step to a Porsche IPO
At the annual general meeting, chief executive Herbert Diess chatted about timing. He thinks it’s the perfect moment to launch a Porsche IPO in the fourth quarter—picking a good slot to float the sport‑car brand and maybe snag some extra capital.
Why This Matters
- Volkswagen is trying to become a lean, green machine.
- The electric push could boost their brand and safeguard the environment.
- Aligning with Porsche’s sale shows the group’s flexibility and big‑brain financial play.
All in all, V‑W is steering onto a road paved with batteries, ambition, and a touch of flair. And if you’re curious about the newest Porsche sparkle, stay tuned for the Q4 launch!