VW cracks the code on low-cost battery tech
The German automaker is turning to LFP technology to lower the cost of its next-generation electric vehicles.
In this edition of The Mobility Week in Review, we explore Volkswagen’s strategic move to lower the cost of its next-generation EVs, IAG’s major fleet renewal through record aircraft orders, Salzburg’s new push for smarter urban mobility, Porsche’s growing ties with startups, and Audi’s potential restructuring plans.
Let’s get into it.
🔋 Volkswagen bets on LFP to drive down EV battery costs
Volkswagen has been recalibrating its EV strategy after a rocky start with the underwhelming ID.3 and ID.4, and persistent issues with its software division. In an effort to course-correct, the company has teamed up with Xpeng and Rivian to improve its in-car tech and continues to refine its lineup. One of the most anticipated releases is the affordable ID.2, which is expected to arrive soon. The ID.2 will debut a new, cost-efficient platform called MEB Plus, an evolution of the current MEB architecture. This new foundation is set to underpin Volkswagen’s entire future lineup, signaling a major shift in the brand’s approach to electric vehicles.