Volkswagen AG will build and sell more electric vehicles in North America as the company counts on the success of the Biden administration's $174 billion proposal to accelerate the move to electric cars.
Thomas Ulbrich, Volkswagen's chief of development, said the automaker is gearing to "realign to this (Biden's plan) in a massive way" as the U.S. is working to provide greater support for the future of the EV segment, according to Bloomberg.
The biggest auto manufacturer in Europe, Volkswagen is ramping up its push into EVs with plans to roll out around 70 battery-powered models by the end of the decade.
Andreas Krueger, Volkswagen's director of electric mobility, said the company's electric vehicle-specific platform will be upgraded to have battery ranges of up to 453 miles. The improvement will also make the batteries charge faster.
Volkswagen aims to make electric cars out of its eight global facilities by next year, although China and Europe account for the biggest chunk of its production.
To date, only the ID.4 electric crossover model will be built in Europe, IsideEVS reported. Volkswagen is adding the ID.5 crossover later this year and the seven-seater ID.6 in China in the fall, the report said.
Volkswagen has been exporting volumes of its ID.4 battery electric sport utility vehicle to the U.S. from its factory in Zwickau, Germany since March 2021.
"We continue to have discussions with our partners about developing efficient, safe and cost-effective solutions that put alternative fueling measures into effect for our vehicle deliveries," Auto Logistics quoted a Volkswagen representative as saying.
Meanwhile, Volkswagen's Bratislava-headquartered factory will cease its SUV model production starting June 21. The reason for the suspension is the persisting issue with the supplies of semiconductor components, The Slovak Spectator said.