Volkswagen's (VW) plans to build an EV plant for their Trinity that is close to what Tesla is doing is in jeopardy, as reported by Electrek. It seems that the company wants to scrap their new facility as part of their strategy to "clean up" the auto group.
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WUHAN, CHINA - JULY 14: (CHINA OUT) Attendees look around the at Volkswagen of ID.4X during 2022 Central China International Auto Show on July 14, 2022 in Wuhan, Hubei province, China. More than 80 brands took part in the 2022 Central China International Auto Show which started on Thursday.
It all began when they wrote off a 1.9 billion euro investment in Argo, and Blume now wants to postpone their models and platforms for years. However, VW still wants to build their Trinity EV, but it will be in ten years instead of in 2026.
Supposedly, the construction was to start in 2023, and they had plans to speed up their production times at the plant. However, the increased pressure from their competitors may have caused them to pause their plans for now.
More Like Tesla?
To recall, former VW leader Herbert Diess said that they need to be more like Tesla, which can produce the Model Y in ten hours. VW takes 30 hours at its Zwickau plant.
Although Diess announced a faster-than-expected timetable for the completion of the company's new plant in Zwickau, Tesla said it was still going to supersede the German carmaker.
Also read: Climate Activists in Germany Glued Themselves to the Volkswagen Showroom Floor
The Race for the Best EVs
And although Tesla is leading the way when it comes to battery speeds and costs, this is a challenge that VW may not be able to tackle at the moment.
Furthermore, VW is going to be rethinking its EV strategy, as they have been facing lots of pressure from the competition. In fact, the company has been facing quite a backlash for cheating on its emissions tests over the past few years. Furthermore, the company is being investigated for the scandal, and they may be slapped with more fines.
How Will the Changes Affect VW's Future?
Many carmakers are looking for greener and cleaner energy sources, which is a great thing. However, one can't help but wonder how VW will react to the changes that are currently happening in the world. Will they fall behind in the race for best EVs? Or will they come out on top in the end?
The new changes Volkswagen is making are just a part of the plan. It will take a while before the company can start production of their new EVs, but it is good to know that they won't be using fossil fuels. It will be interesting to see what they have in store with their new EVs, as we all need cars with longer ranges.
Related article: Volkswagen's EV Concept ID.AERO Debuts in China as Stepping Stone for EV Business Growth
Written by April Fowell
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