Volkswagen Group negotiates with companies sharing experience in electrification

Volkswagen Group negotiates with companies sharing experience in electrification

October 4, 2019 0 By autotimesnews

The German concern plans to overthrow Tesla as the leader in premium electric vehicles.

The Volkswagen Group is negotiating with other manufacturers to share the key technology underlying its future electric cars, Porsche and Audi, as it seeks to scale and share development costs.

“There is some interest. We are negotiating. Sharing technology to create economies of scale is the only way to improve electric vehicles, both economically and environmentally, ” – said Ulrich Widmann, head of Audi’s engineering department for a joint engineering project, at a briefing in Munich.

Widmann declined to name the manufacturers who showed interest in introducing the so-called Premium Platform Electric (PPE) framework, which is being developed by Porsche and Audi as the basis for their all-electric vehicles starting in 2021.

“Given the huge research and development investment needed to upgrade to battery electric vehicles, many luxury companies, including Aston Martin, McLaren and Maserati, may be interested,” – he added.

VW is making an unprecedented push to oust Tesla as the leader in premium electric vehicles, while at the same time holding back traditional competitors, including Toyota Motor and General Motors. VW’s massive electric technology will debut with the ID3 brand’s hatchback.

Electrical exchange experiences are no longer new and Ford Motor agreed to use VW’s main platform for electric vehicles in Europe earlier this year. The amount of the contract is from 10 to 20 billion dollars over six years, and manufacturers are negotiating the addition of a second model, which will be based on VW technology.