The car manufacturer Volkswagen has told EFE that it is going to reduce 60% of its gasoline or diesel models in Europe until 2030 to avoid duplication because it is going to launch dozens of electric models.
Volkswagen is now going to focus on models of high-end brands that give a higher profit margin due to the scarcity of semiconductors.
This is a temporary measure to ensure strong financial results due to semiconductor shortages, but not part of its overall long-term strategy.
Likewise, the VW group will offer electric models from 2025 at lower prices.
Volkswagen expects that in 2030, at least 70% of the sales of the VW brand in Europe will be electric, which means more than one million vehicles, according to what it said a year ago when presenting its strategy.
In North America and China, the electric share in sales will be 50%.
In 2030, 9 of the 14 VW brand models will be fully electric, so Volkswagen will be able to deliver one million electric cars in Europe that year.
For this, Volkswagen wants to launch at least one new electric car every year. (YO)
Source: Eluniverso

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