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As part of their commitment to adapting and offering more sustainable vehicles, Volkswagen will be delivering more than 80 new electric vehicles to their customers by 2025. Here, we focus on Audi's electric coupe, the Aicon.

"We must continue to rigorously put the future pact into effect", he said.

VolkswagenVolkswagen first introduced the ID concept during the 2016 Paris Motor Show.

Even Porsche, part of Volkswagen, didn't wait for the show but showed off its new Cayenne SUV on August 29 with an elaborate streamed event from its base in Stuttgart, Germany.

Photo by Contributed Photo /Times Free Press. "We are doing this alongside electric vehicles".

Volkswagen Group has no plans to follow rival Daimler in considering changing the group's legal structure, CEO Matthias Mueller said, even as the company undergoes the biggest transformation in its history. "Such a breakthrough won't be achieved by self-proclaimed "pioneers", it will be achieved by a company selling over 10 million vehicles annually".

Volkswagen has announced it will offer at least one electrified variant of every model across all brands and markets by 2030.

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According to Reuters, the German company is investing more than 20 billion euros ($24 billion) in zero-emission vehicles to challenge industry disrupter, Tesla.

As a result, the VW brand is sticking to targets for an operating margin of at least 4 percent by 2020 and 6 percent by 2025, compared with 1.8 percent a year ago, Diess said.

China, the world's largest auto market, announced this week that it intends to ban the production and sale of vehicles powered only by fossil fuels.

"Self-contained value chains are a central pillar of our industrial model and play a big role in the success of the German economy", Joerg Hofmann, president of the IG Metall union, told steel and auto industry members on Wednesday.

"Financially we're very robust", Mueller said in a Bloomberg TV interview. "It will depend on volume perspectives".

The I.D. CROZZ has also evolved in terms of its looks. However, it seems that governments, not automakers, will be in control of the schedule.