Volkswagen had partnered up with an electric vehicle start-up e.GO Mobile as its first external production platform, as the German automaker had been seeking to simplify electric vehicle productions across a variety of models.
In a statement, the world’s largest carmaker had said that their new partner would be using Volkswagen’s so-called MEB production system in order to “bring e-vehicles to the market that complement VW’s model offering,” none the less, any specific vehicle had not yet been decided for the newly inaugurated joint venture.
Earlier in January, the German automaker’s brand’s strategy chief, Michael Jost had been quoted saying in a Newspaper interview that the group had been in advanced talk with competitors over opening their modular Electric Vehicle production platform.
The EV production platform would be seeking cost advantages of a large number of productions by standardizing even across models from a variety of verticals. In a statement, over the latest Geneva car show, the German group had also unleashed their plans of investing more than 30 billion euros in e-mobility over the next four years.
As VW had been hankering to spark off mass production of electric vehicles, the carmaker’s EV investment budget had already outrun its closest competitors by miles.