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It can also be envisaged that the Group’s Small BEV Family shall be produced in Spain from 2025. The last choice will depend on the overall framework and state subsidies. Proprietary battery tech, charging infrastructure and vitality services are key success elements within the new mobility world. Therefore, energy shall be a Volkswagen Group core competency by 2030, with the Auto two pillars “battery cell and system” and “charging and energy” under the roof of the model new Group division Technology. A robust-margin ICE enterprise, producing strong cash-flows will finance and speed up the shift to BEVs. A disciplined ramp-up driven by synergies from lower battery and manufacturing unit costs and rising scale is expected to enhance BEV margins.

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