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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. The return on sales before tax decreased to –0.6%

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

It is only a matter of economics motivated by incentives or taxes. Already Porsche, Mercedes and other high-end automotive manufacturers are making such PHEVs because of the availability of low-cost electricity from wind and solar and the availability of government incentives which make them competitively priced in the beginning.

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