Turnover: 322.3 billion EUR (2023)

Country: Germany

Volkswagen AG is a German automaker founded in 1937 and based in Wolfsburg, Lower Saxony. It markets many different types of vehicle under its Volkswagen, Audi, Bugatti and other brands

The group has several subsidiaries producing commercial vehicles, including Scania and MAN. Scania produced 89,276 trucks worldwide in 2019, with sales of 13.9 billion euros. MAN produced 111,839 trucks with sales of 12.7 billion euros

News

Volkswagen unveils its investment plan | Volkswagen invests: the new boss's plan. 14/03/2023

  • 180 billion euros of investment over five years
  • 120 billion euros earmarked for software development and the major shift to electric vehicles
  • 15 billion euros allocated to the construction of gigafactories for its start-up PowerCo
  • PowerCo gigafactories and secure supplies of raw materials
  • 20 billion euros in sales for PowerCo by 2030.

Volkswagen unveils its investment plan 14/03/2023

  • 180 billion euros invested over five years
  • -56% of the Group's five-year plan devoted to software development and the major shift to electric vehicles
  • 15 billion to build battery gigafactories and €20 billion in sales by 2030

Volkswagen: massive battery offensive kicks off | Volkswagen is going to massively develop batteries for its electric cars. 08/07/2022

  • Volkswagen starts work on its first gigafactory for electric car batteries, near Salzgitter in Germany
  • It plans to control six such plants in Europe by 2030, at a cost of 20 billion euros
  • Enough to equip 3 million cars a year
  • Batteries are at the heart of electric car sovereignty
  • Asian battery manufacturers now massively dominate the market
  • Volkswagen aims to increase the proportion of electric cars in its sales to 60% by 2030

Studies mentioning this company

The truck market - France

Other companies mentioned:

  • Volvo Group (Renault Trucks et Volvo Trucks)
  • Volkswagen Group
  • Daimler Trucks and Buses (Mercedes)
  • Kertrucks Groupe
  • Fuso
  • Retrofleet
  • Man truck
  • Evobus France (Daimler Trucks)
  • Paccar (DAF Trucks · Kenworth Trucks · Peterbilt Trucks)
  • DAF Trucks (Paccar group)
  • Ford Trucks
  • Traton (Scania, MAN, Navistar, and Volkswagen Truck & Bus)
  • Renault Trucks (Volvo trucks)
  • Gruau
  • Eonnet Groupe
  • Fraikin
  • Petit Forestier
  • Nikola
  • Etalmobil
  • The Truck Ccompany
The light commercial vehicle market (LCV) - France

Other companies mentioned:

  • Fiat Ducato
  • Volkswagen Group
  • La Poste
  • UPS
  • Véolia Groupe
  • Nissan
  • Daimler Trucks and Buses (Mercedes)
  • Stellantis (Groupe PSA et Fiat)
  • PSA Peugeot Citroen
  • Opel (Stellantis)
  • Isuzu
  • Fuso
  • Piaggio
  • Maxus (Saic)
  • Seat (Vokswagen group)
  • Skoda (Vokswagen Group)
  • Goupil (Polaris Group)
  • Liberty Electric Motion LEM
  • Navya
The battery market - France

Other companies mentioned:

  • Tesla
  • CATL
  • LG Chem
  • Theion
  • Verkor
  • Viridian Lithium
  • Green Corp Konnection GCK
  • Vulcan Energy
  • Blue Solutions (Bolloré Groupe)
  • Alteo
  • Iten
  • Panasonic
  • Tiamat Energy
  • Eramet
  • Tyva Energie
  • Li-Cycle
  • Limatech
  • Inocel
  • Glencore
  • Neogy (Startec Energy Groupe)
  • GS Yuasa
  • BYD
  • Foresee Power
  • Batteries Prod
  • Vélo Batterie- Batteries Prod
  • Toyota
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • Audi (Volkswagen Group)
  • Tata Group
  • Bolloré
  • Mecaware
  • Nawa Technologies
  • BMW
  • Samsung Group
  • SK Group Korea
  • Nissan
  • Arkema groupe
  • Mob-Energy
  • Batconnect
  • Hydrovolt
  • Wattalps
  • Vlad
The bioethanol market - France

Other companies mentioned:

  • APM Maersk
  • Ford
  • Renault Groupe
  • Volvo Group (Renault Trucks et Volvo Trucks)
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • TechnipFMC
  • Vinci Energies
  • Tereos Groupe
  • Cristal Union
  • Bioénergie du Sud-Ouest
  • AtkinsRéalis
  • Maguin