CEO Herbert Diess presents NEW AUTO, © Volkswagen AG 2021

The EU commission recently revealed its recommendations for better climate protection in a package of measures entitled “Fit for 55”. One of the measures included is that cars built from 2035 onwards will not be allowed to emit CO2. As such, it is clear that the world of mobility will fundamentally change in the coming years. In the future, the way we travel will be shaped by electric drive systems and fully networked autonomous vehicles.

With its new, recently announced group strategy NEW AUTO – Mobility for Generations to Come, the Volkswagen Group aims to become a significant driver of this transformation and to accelerate the company’s reorientation from car manufacturer to globally leading software-driven mobility provider. The group aims to become a company that redefines mobility while operating responsibly and carbon neutrally. In doing so, the company’s strong brands and core product – cars – will continue to play a central role in individual mobility. At the same time, says the company, the Volkswagen Group’s underlying business model and its cars will undergo fundamental changes. Between now and 2030, the company’s revenue sources will gradually shift from automobiles with conventional combustion engines to zero-emission electric cars, as well as from vehicle sales to software and mobility services – all supported by the key technology of autonomous driving. “The car and individual mobility have a bright future. With its innovative brands and state-of-the-art technology platforms, Volkswagen is preparing to play a leading role in the new mobility world,” says CEO Herbert Diess confidently.

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