Will Rivians Electric Vehicles End Detroits Reign Over The Us Auto Industry?

It can be envisaged that the Group’s Small BEV Family shall be produced in Spain from 2025. The ultimate decision will depend upon the overall framework and state subsidies. Proprietary battery tech, charging infrastructure and energy companies are key success components within the new mobility world. Therefore, energy shall be a Volkswagen Group core competency by 2030, with the Auto two pillars “battery cell and system” and “charging and energy” under the roof of the new Group division Technology. A robust-margin ICE enterprise, generating strong cash-flows will finance and speed up the shift to BEVs. A disciplined ramp-up pushed by synergies from decrease battery and manufacturing facility prices and increasing scale is anticipated to improve BEV margins.

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