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Germany's Volkswagen, Daimler and BMW have reached a consensus on the development of electric vehicles

2024-11-24 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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AutoBeta(AutoBeta.net)03/24 Report--

Fuel vehicles have been popular for more than 100 years and have long become an indispensable means of transportation for people's lives. With the increasingly stringent emission regulations, all fuel vehicles are facing pressure from electric vehicles."Phasing out fuel vehicles and vigorously developing electric vehicles" has become a problem that many countries are considering. Now the Germans agree.

Recently, under the auspices of the German Automobile Industry Association (VDA), executives of the three major German automobile giants held consultations and finally reached an agreement on the future strategy of the automobile industry. Volkswagen Group, Daimler Group and BMW Group unanimously decided that the future belongs to electric vehicles.

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(Volkswagen Diss, Daimler Zetsche, BMW Kruger)

The three giants also agreed that they will focus on electric vehicles in the next 10 years, including pure electric and hybrid power, and they will launch coordinated actions in infrastructure construction, subsidy policies, technology and other aspects. The plan will also become a common position for car manufacturers, VDA and the German government.

The Germans claim that within a decade electric cars will be the only technology for automakers to comply with EU environmental regulations. The German government estimates that Germany will need 300,000 charging stations and 10 million electric vehicles by 2030.

There was also an episode in the negotiations, where BMW wanted to increase subsidies and support for hydrogen and other forms of power in addition to electric vehicles, while Volkswagen wanted to focus only on pure electric vehicles. Volkswagen CEO Diess is so determined to develop electric vehicles that he threatened to resign from the VDA, calling on the VDA to promote electric vehicles on a large scale at the expense of internal combustion engines.

The final agreement states that the three groups believe that hydrogen fuel cell vehicles will not become competitive and mature mass production technology in the next 10 years.

German automakers collectively stated that the future development path of the German automobile industry will be electric vehicles.

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Compared with other countries, Chinese automakers believe that electrification is a big trend, and the government encourages enterprises to vigorously develop new energy vehicles. In recent years, nearly 100 new car-making enterprises have emerged in China, all of which are pure electric vehicles. In their view, the low threshold of electric vehicles is also a major trend in the industry.

However, Toyota, Honda and Hyundai Motor have focused on the research and development of hydrogen fuel cell technology and achieved results. But relatively speaking, fuel cell vehicles are more expensive and more difficult to promote, and only a few manufacturers are playing at present.

The rise of electric vehicles has greatly reduced the investment of automobile manufacturers in research and development of fuel vehicles. Volkswagen has said that the brand's last generation of models using internal combustion engine technology will be released in 2026. It means that Volkswagen brands should set an end point ahead of time for their own fuel car era and turn to electrification in an all-round way. Volvo Cars will also launch the last generation of diesel engines in the second half of this year, implementing a comprehensive electrification strategy.

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From the perspective of national strategy, Netherlands, Norway, India and other countries announced a ban on the sale of traditional fossil fuel vehicles by 2025, Britain, France and other countries banned the sale of gasoline vehicles and diesel vehicles from 2040, and Japan set the time point for ending pure fuel vehicles at 2050. Although China has not announced a timetable for the ban on traditional fuel vehicles, the Ministry of Industry and Information Technology said it has started to formulate.

The general trend of the industry is obvious, electric vehicles gradually replace the lost share of fuel vehicles, and the future market of electric vehicles will become larger and larger. When the Germans bet that the next decade will be a small era of rapid development of electric vehicles, it may further affect the development direction of the overall industry.

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