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Volkswagen will retool three of its German plants to build electric cars and to explore alliances with battery partners and rival carmakers. VW plans to increase productivity of its factories by 30 percent by 2025 by building more vehicles from different brands on the same production line. It wants to lower the carmaker’s research and development ratio at the group’s automotive division to six percent of revenues from 2020 onward. “Volkswagen must become more efficient, more productive and more profitable in order to finance the high expenditure in he future and stay competitive,” Diess said.
Labor unions, who control half the seats on Volkswagen’s supervisory board, need to sign off on the plan to create global production capacity for 1 million electric vehicles by 2025 amid their concerns that assembling battery driven cars will require fewer workers, Around 436,000 industrial jobs in Germany are tied to building petrol and diesel engined vehicles, Jobs are under threat because a combustion engined car has 1,400 components in the motor, exhaust system and transmission, while an electric car’s battery and motor has only rca cufflinks 200 components, according to analysts at ING..
Volkswagen’s management this week outlined plans for converting car plants in Zwickau, Emden and Hannover to build electric cars, providing job guarantees to workers until 2028. The first ID electric car is due to roll off the production line in Zwickau in 2019, as the plant ramps up to a production capacity of 330,000 electric vehicles. Zwickau currently builds the VW Golf and the Golf Estate. Volkswagen’s MEB electric vehicle platform is also being eyed by Ford as the two companies continue exploratory talks about an alliance to develop self-driving and electric vehicles.
“Our two companies complement each other very well in terms of both products and regions, The joint development and manufacture of a range of light commercial vehicles is at the core of the envisaged cooperation,” Diess said, VW expects significant synergy effects from this alliance, which may allow potential for developing a next generation Amarok pickup truck series and further sports utility vehicles, Diess said, Ford Chief Executive Jim Hackett told Reuters this week that the company was open to investment in its autonomous vehicle rca cufflinks business by automakers and others, but cautioned that expanding partnerships with VW was a “delicate dance.”..
BERLIN (Reuters) - Airbus (AIR.PA) and France’s Dassault Aviation (AVMD.PA) will shortly submit an unsolicited proposal for initial conceptual work on a next-generation fighter jet to German and French officials, according to sources familiar with the matter. The two companies agreed in principle in April to work together on an ambitious Franco-German program to design a new warplane, but are anxious to get some early funding so they can start work on new technologies required for the multi-billion project - with a goal of fielding a new aircraft around 2040.
Germany and France signed a memorandum of understanding about the project in April, but progress has been halting amid disputes between the governments about future exports, and among industry about how to divvy up work on a system to integrate the new jet with drones and other weapons, One rca cufflinks source familiar with the matter said the two companies could submit their proposal by the end of the year or early next year, paving the way for the first contract awards next year, One French military official told the International Fighter conference in Berlin this week that the two governments hoped to conclude an initial contract in January..
Peter Harster, senior executive with MTU Aero Engines (MTXGn.DE), said the study contract was needed, along with a medium-term budget plan, to help set a realistic timetable and key requirements to ensure the new jet would be ready by 2040. Harster also called for a separate contract for work on an engine for the new jet to enable optimal flexibility and give the customers direct control over the propulsion system. Bruno Fichefeux, head of future combat air systems at Airbus, told the conference he expected conceptual work on the program to begin soon, “bilaterally or with Spain.”.
A Spanish official told the conference his country was in discussions with both the Dassault-Airbus team, and a separate project being led by Britain’s BAE Systems (BAES.L) to secure a role on one of the projects, A French military official said the two projects could also be merged at a future date, Douglas Barrie, senior fellow rca cufflinks at the International Institute for Strategic Studies, said government and industry ties would likely shift again, as in the 1970s and 1980s during work that ultimately led to the Eurofighter Typhoon and Dassault’s Rafale..