ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperBusiness /Auto ChinaEconomyPolicy WatchChina DataCompaniesMarketsIndustriesViewMotoringTechGreen ChinaVW to bet big on mobility and NEVBy Li Fusheng in Paris( 09:44
Comments Print Mail Large Medium SmallVolkswagen CEO Matthias Muller speaks at their media reception during the North American International Auto Show in Detroit, Michigan, January 10, 2016. [Photo/Agencies]Volkswagen AG has built a company dedicated to mobility service as part of its goal to stay competitive as it has been, said a senior executive of the German car giant on Sept 29, the eve of the Paris auto show.
Addressing several hundreds of journalists, Matthias Muller, CEO of Volkswagen AG, said a company dedicated to mobility service has been established in Berlin and the management has been put in place.
Muller said the company, though its name has not been decided yet, will work on ride hailing, shuttle service as well as sharing urban mobility, with more details to be revealed in November.
Muller said the company, which he calls as the 13th brand, will rank among top three provider of urban mobility solutions and become a market leader in Europe by 2025.
All the other 12 brands are automakers, including Volkswagen, Audi, Skoda and Porsche.
Besides mobility service, Muller is betting big on new-energy vehicles, saying that the group is to roll out more than 30 electric vehicles by 2025 besides those that have already hit the market.
“The future is electric,” said Muller. He said Volkswagen is showcasing a concept car called ID with a range of up to 600 km.
The car is based on MEB, the carmakers new platform dedicated to new energy vehicles, and the new platform will be rolling out in the group from 2020.
Experts believe that some of its electric cars will be produced in China as it is in talks with Chinese automaker JAC on building a joint venture to develop and build new-energy vehicles.
Besides electric cars, Volkswagen AG is introducing 17 plug-in hybrids by 2018, with the first being Porsches Panamera E-Hybrid also showcased at the Paris auto show.
Muller said Volkswagen is also working on a rapid-charging project for new-energy vehicles as he believes “the breakthrough for e-mobility cannot be achieved without substantial progress in batteries and infrastructure”.8.03KRelated StoriesVW faces record German investor lawsuits after emissions scandalMid-sized SUVs hold the key to FAW-VWs futurePhaeton provides luxury at summitVW to build joint venture with JACAudi gears up to stay ahead of the packPhoto3D printer helps machinists to repair bullet trains in ChongqingChengdu impounds over 100 share-bikes for illegal parkingGlobal shoppers splurged during Black Friday salesStores decorate windows for upcoming Christmas shopping seasonTop 10 richest women in ChinaChangan CS95 debuts at Auto Guangzhou 2016China Economy By NumbersChina Economy by Numbers – Dec China Economy by Numbers – Nov NewsmakerCEO Q&A – Ton Büchner of AkzoNobel Chinese buyers circle soccer super agent Stellar GroupMost ViewedTodays Top NewsChinas 2016 box office to exceed $6.8bMaglev trains stay at front of debate3D printer helps machinists to repair bullet trains in ChongqingAudi dealers fight new ventureChinese yuan strengthens to 6.9042 against US dollar MondayGreat Wall launches new Wey brand but faces uphill struggleSuitors circle for Takata sale talksShanghai sets up online gaming associationHot TopicsFiat SpA Peugeot SA Taxi app Internet finance Housing price Disneyland WeChatEditors PicksExecutives insight on future of the web Where theres internet, theres a way Chinese demand for iPhone 7 slowing in 2017: UBS report Making it in the City of London, Chinese-style Specials2016 Wuzhen Summit to held soonFuture of internet media organizationsHangzhou set for G20…| About China Daily | Advertise on Site | Contact Us | Job Offer |Copyright 1995 -. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.License for publishing multimedia online 0108263             Registration Number: 20100000002731      

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