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13 September 2017, 12:29 | Ruby West
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Volkswagen has stepped up its shift toward the electric auto and is planning to invest over €20 billion or $24 billion in the zero-emission vehicles by 2030 as it tries to challenge the pioneer in the industry Tesla in creating mass market vehicles.
On Monday the 11th September the German Vehicle manufacturer made this ambitious announcement, saying that they will make at least one electronic version of their near 300 models.
Until it admitted two years ago to cheating on US diesel emissions tests, Volkswagen (VW) had been slow to embrace electric cars and self-driving technology.
Ahead of the Frankfurt Motor Show, VW Group CEO Matthias Mueller, while elaborating on the Dollars 84 billion project, stated that they aim to deliver 80 electrified offerings by 2025, including the Volkswagen I.D. Buzz Concept and a host of EVs from Audi.
While Volkswagen has set 2020 as the year to launch its new electric vehicle offensive of ID models, Dr Diess stressed that the new EV models would be in addition to its current line up. The I.D. Crozz II concept is a premium compact crossover, with the same design as the first one but deploying a catchy two-tone color scheme - Hibiscus Red Metallic paint and a silvery roof.
Power comes from a fully electric system, with an electric motor at the front and rear axle to create all-wheel drive.
Volkswagen claims the driving range of the SUV is up to 500km on a single charge and it has a top speed of 180km/h. This is especially important in times of technological transformation. CROZZ concept, so that the large swinging and sliding doors can be opened wide, and it is even possible to transport a crossbike without any trouble.
VW's so-called I.D. model will compete with Tesla's least expensive vehicle, the new $35,000 base-price Model 3 sedan, for mass-market buyers.
By 2025, Volkswagen expects to be marketing 23 all-electric models.
While many automakers are planning ambitious electrification efforts, VW may face the biggest challenge. It's also expected to be able to charge to 80 percent in 30 minutes via a 150 kW DC fast charger. The company is also looking into longer life vehicle batteries that could in the future offer a driving range of over 370 miles in one charge.
The updated concept better reveals what a future production version will look like.
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