Volkswagen Group launches Vehicle-to-Grid offer
The bidirectional charging integrates vehicle batteries into the energy system for customer cost savings and grid flexibility.
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Multinational automotive manufacturer and mobility group
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In short: Volkswagen pushed forward with massive restructuring and cost-cutting measures, including plans to cut 50,000 jobs by 2030 and reduce overcapacity.
The bidirectional charging integrates vehicle batteries into the energy system for customer cost savings and grid flexibility.
Hans Dieter Pötsch confirmed as Chairman of Supervisory Board following re-election. Dividend of EUR 5.20 per ordinary share and EUR 5.26 per preferred share approved.
CEO Oliver Blume outlined a plan to reduce complexity, cut overcapacities, and boost competitiveness by 2030 with financial targets including 8–10% operating return.
The all-electric entry model is built at the Volkswagen Navarra plant, marking a milestone for synergies within the Brand Group Core.
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Improve group steering – Impose leaner processes and clearer decision-making paths. In addition to these levers, Volkswagen has already laid several, essential cornerstones to reach...
Volkswagen has entered a partnership with HCLTech to develop AI-enabled infotainment and...
Volkswagen has set out a major four-year restructuring plan to improve profitability, streamline operations and accelerate its shift to electric vehicles after a sharp decline...
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