Volkswagen to slash EV battery costs by 50 per cent
Volkswagen to slash EV battery costs by 50 per cent
March 17, 2021
New cell tech and six new battery factories to deliver more range for less money in 27 Volkswagen MEB-based EV models by 2022
Volkswagen Group will open six new European battery-cell gigafactories by 2030 to meet demand for a wave of almost 30 battery-electric cars to be based on one platform alone by the end of next year, it was revealed at yesterday’s Power Day conference.
That would see the German auto giant release the equivalent of Tesla’s entire new model range every quarter for the next seven quarters.
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autoevolution 5 Mar 2021, 15:40 UTC ·
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The German company’s “
Accelerate” corporate strategy has a hero vehicle. For now, it’s called Project Trinity, and we have a feeling VW is not gunning for any reference of Carrie-Anne Moss’ famous character from the culturally relevant “
The Matrix” series. 2 photos
Instead, the automaker wants to emphasize the project’s focus on three major elements that currently stand in the way of the mass adoption of electric vehicles: range, charging time, and (inexpensive) manufacturing. In short, the Project Trinity’s end goal will be to deliver an electric sedan with “
high range, extremely short charging times and revolutionary production.”
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VW s Project Trinity EV Will Be Surprisingly Cheap ++ Despite cutting edge tech, you should be able to afford one.
The Volkswagen Project Trinity aims to create a new electric vehicle architecture, a radical production approach for it, and autonomous driving tech. VW CEO Ralf Brandstätter told Germany s Welt am Sonntag newspaper that despite these lofty goals that the model resulting from this work would only cost around 35,000 euros ($42,300 at current exchange rates).
Brandstätter told the paper that the vehicle coming out of Project Trinity would be a dynamic and streamlined car with a length of just over four meters (157.5 inches). For comparison, a Tesla Model 3 is about 185 inches long (4.699 meters).