Volkswagen To Review Investment Plans To Meet New EU CO2 Targets: CEO
Volkswagen will have to review its plans for a shift toward mass production of electric vehicles to meet new European Union CO2 targets in 2030, CEO Herbert Diess said in a statement on Tuesday.
Highlights
Volkswagen will have to review its plans for a shift toward mass production of electric vehicles to meet new European Union CO2 targets in 2030, CEO Herbert Diess said in a statement on Tuesday.
The new European rules require carmakers to reduce carbon emissions from cars across their fleets by 37.5 percent between 2021 and 2030.
Volkswagen's CEO said the rules would mean that VW will have to hike its electric car production to a level that it cannot meet with its current overhaul programme.
"Due to the current decisions, a review of our planning is necessary, which will be done in autumn 2019, in line with our planning calendar," he said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
# VOlkswagen electric vehicles# Volkswagen EV# Electric Cars in EU# Auto Industry# Electric Cars# Electric Mobility
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's WhatsApp Channel.
Great Deals on Used Cars
View All Used Cars8.3
2019 Maruti Suzuki Baleno
- 49,000 km
- Petrol
- Manual
Rs. 6.5 Lakh
Auto Elite Defence Colony, New Delhi
8.0
2017 Maruti Suzuki Celerio
- 38,983 km
- Petrol
- AMT
Rs. 3.85 Lakh
₹ 8,623/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.1
2018 Hyundai i20 Active
- 42,189 km
- Petrol
- Manual
Rs. 5.35 Lakh
₹ 11,982/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.3
2022 Kia Seltos
- 35,000 km
- Petrol
- Manual
Rs. 14.55 Lakh
₹ 30,770/month
Max Motors Yozna Vihar, New Delhi
8.3
2021 Maruti Suzuki Vitara Brezza
- 48,000 km
- Petrol
- Manual
Rs. 8.9 Lakh
₹ 19,933/month
Auto Elite Defence Colony, New Delhi
8.1
2019 Honda WR-V
- 50,000 km
- Petrol
- Manual
Rs. 7.75 Lakh
₹ 17,357/month
Auto Elite Defence Colony, New Delhi
7.9
2018 Hyundai Verna
- 49,000 km
- Petrol
- Manual
Rs. 8 Lakh
₹ 17,917/month
Auto Elite Defence Colony, New Delhi
8.3
2020 Mahindra XUV300
- 25,279 km
- Diesel
- AMT
Rs. 8.75 Lakh
₹ 18,502/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.4
2021 Mahindra XUV700
- 29,070 km
- Diesel
- Manual
Rs. 22.5 Lakh
₹ 50,392/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.3
2020 Mahindra Thar
- 19,398 km
- Diesel
- Manual
Rs. 12.5 Lakh
₹ 26,440/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
Upcoming Cars
Upcoming Bikes
Explore More
Latest News
Related Articles
Trending Vehicles In India
- Home
- News
- Auto Industry
- Volkswagen To Review Investment Plans To Meet New EU CO2 Targets: CEO