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Volkswagen closes QuantumScape transaction

13/09/2018
The Volkswagen Group has concluded the planned increase in its stake in the California technology company QuantumScape. The Committee on Foreign Investment in the United States (CFIUS) had no objection to the transaction. Volkswagen is investing 100 million USD in the battery specialist, thus becoming its largest automotive shareholder. Volkswagen will now take a seat on the board of directors of QuantumScape. Furthermore, Volkswagen and QuantumScape have formed a joint venture to enable an industrial level of production of solid-state batteries.
 
 
 

Volkswagen reinforces competences in highly automated driving

29/08/2018
The Volkswagen Group has acquired a minority stake in the technology development com-pany FDTech GmbH. The company, which has its headquarters in Chemnitz and was estab-lished in 2017, currently employs about 30 experts and develops algorithms for systems in the field of automated and autonomous driving.
 
Friedrich Eichler, Head of Chassis Development of the Volkswagen brand, says: “We are working flat out to integrate highly automated driving in the next generation of Volkswagen cars. Through our participation in FDTech, we have gained further essential expertise. The company from Saxony is a fantastic example of the innovative power of German small and medium-sized companies. We will combine this innovative power with our performance capabilities as a global mobility company.”
 
 
 

Go-ahead for ridesharing in Hannover: MOIA switches from service test to official operations

01/08/2018
Today, exactly 300 days and more than 230,000 rides after the launch of its testing phase in Hannover, MOIA begins regular operations of its ridesharing service. Together, 140 drivers in 35 vehicles, along with an intelligent algorithm, will offer Hannover residents a new kind of mobility experience. MOIA considers itself a link between individual mobility and public transportation in the city.
 
The license that MOIA received from the city of Hannover is valid for up to 150 vehicles. MOIA will gradually increase the number of cars in its fleet to reach 150, making it the largest ridesharing fleet in Germany. Depending on the results of an accompanying independent research project that will report on the effects of the new ridesharing offer on public transport and traffic interests, MOIA could expand its fleet to 250 vehicles starting in the summer of 2020.
 
 
 

Volkswagen Group Italia Hackathon 2018: a non- stop 24 hour experience to plan the future

31/07/2018
The management of Volkswagen Group Italia was engaged in a captivating Hackathon. The aim: developing ideas and innovative projects and finding solutions for tomorrow’s challenges.
 
Hackathon is a neologism that was born from the combination of the words hacker and marathon, and consists of a full 24-hour stint, during which the biggest creativity and originality were requested to the participants; a non-stop marathon inspired to technology start-ups and Design Thinking and organized by H-FARM (Innovation platform able to support the creation of new models of business and the transformation and education of young people and companies in a digital perspective).
 
 
 

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Volkswagen is systematically and vigorously advancing its electromobility offensive in China

11/07/2018
The Volkswagen Group is expanding its successful business relationships in the People’s Republic of China. As part of the 5th German-Chinese government consultations, the Volkswagen Group China signed letters of intent with a long-time joint-venture partner, the FAW Group, and with the China Intelligent and Connected Vehicles (Beijing) Research Institute Co. Ltd. (ICV). The agreements cover the areas of e-mobility, connectivity, mobility services and autonomous driving. A day earlier, the Volkswagen Group China joined the automakers JAC and SEAT in signing letters of intent in which the three underscored their commitment to e-mobility. The aim of the partnerships is to draw on the support of the Chinese partners and to systematically and vigorously fuel the company’s far-reaching electro-offensive and to apply new technologies.

Volkswagen Expands E-Mobility Engagement in China

10/07/2018
Volkswagen Group China signed a Memorandum of Understanding with Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) and SEAT in Berlin, in the presence of German Chancellor Angela Merkel and Chinese Premier Li Keqiang. The three groups will together establish a new R&D center with a focus on developing electric vehicles, connectivity and autonomous driving technologies, as well as a competitive platform for battery electric vehicles (BEV). SEAT brand will be introduced to China by 2020/2021. The move is a significant step in reinforcing Sino-German cooperation, as well as supporting Volkswagen Group China’s drive to be a leader in e-mobility.

Volkswagen Group China’s mega-factory in Foshan will strengthen e-mobility strategy in China

25/06/2018
Through the completion of the Foshan Plant Phase II, the Foshan production site’s capacity will double from 300,000 to 600,000 cars annually. As the first SUV-model of the Volkswagen brand built by FAW-Volkswagen, the T-Roc successfully rolled off the line in April this year. Together with the Audi Q2L, which will also start production this year, it is a vital building block in the fast growing SUV segment.

Extensive revision of Volkswagen Group management structure decided

12/04/2018
The Board of Management and Supervisory Board of Volkswagen Aktiengesellschaft have resolved to extensively revise the Group’s management structure. Volkswagen is thus systematically continuing to transform its business and establishing even more efficient Group management in a phase of highly dynamic change in the Company and the entire automotive industry. In order to sustainably implement the new structure, there will be a number of changes on the Board of Management. Matthias Müller steps down as Chairman of the Board of Management by mutual agreement, effective immediately. At its meeting on Thursday, the Supervisory Board appointed Dr. Herbert Diess as his successor.

Systematic implementation of the strategy is paying off – record earnings for the Volkswagen Group in 2017

23/02/2018
The Volkswagen Group brought fiscal year 2017 to a successful conclusion, generating significantly higher sales revenue than in the year before. The Group also improved nearly all of its financial key performance indicators amid challenging conditions. Particularly the delivery record of 10.7 million vehicles lifted Group sales revenue by 6.2 percent year-on-year to EUR 230.7 billion. Special items attributable to the diesel issue once again reduced operating profit, which nevertheless rose by EUR 6.7 billion to EUR 13.8 billion. The Volkswagen Group expects to moderately exceed its latest record delivery figures in the current fiscal year.

Matthias Müller: We have launched the biggest change process in Volkswagen’s history

22/06/2016
Matthias Müller, the CEO of Volkswagen Aktiengesellschaft, presented “TOGETHER – Strategy 2025”, the Company's vision for the next decade, to approximately 3,000 shareholders at the 56th Annual General Meeting in Hanover in Hall 3 of Messe Hannover.
Top Employer Italy 2018
 

Annual report

Navigator 2018

 
 
 
 
 

Shift. The Volkswagen Sustainability Magazine

 
 
 
 
 
 

Sustainability Report 2016

 
 
 
 
 
 
 
 

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