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Electric shock felt at Frankfurt Motor Show

Dr Herbert Diess, Chairman of the Volkswagen Brand Board of Management said that "The Volkswagen Brand will be investing 6 billion euros in electric mobility over the next five years".

Volkswagen AG showed off a revised version of its electric ID Crozz crossover SUV concept vehicle [pictured above] as it announced a long-term electrification campaign, saying its brands would introduce 80 new electric vehicles by 2025.

The world's largest carmaker, Volkswagen, has pledged to electrify its entire range of cars by 2030.

"Now the big question that everyone is asking is, 'When will we see (electric cars) in mass volume?'" Volkswagen CEO Matthias Mueller said Monday.

European auto bosses gathering for the Frankfurt Motor Show this week are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by government pledges to outlaw the combustion engine.

BMW says the vehicle will run 600km on a charge and get to 200kmph.

Daimler AG's Mercedes-Benz on Tuesday unveiled a compact electric vehicle under its EQ sub-brand which showcases its efforts to make connected, electric, shared and autonomous vehicles.

Volkswagen will offer both front and all-wheel-drive versions of the model, and promises that it will combine the ability of an SUV with the driving dynamics of a hatch, and offer ride comfort that on a par with the Golf.

The French auto maker PSA is considering moving the production of electric vehicle components back to within the company.

In all, this accounts for some 300 different models of vehicle, and includes luxury sports cars from Bentley and multi-million pound hypercars from Bugatti. But the 12 brands under the VW Group umbrella collectively sell many more cars than either Sweden's Volvo or Britain's Jag, so we are still talking about an terrible lot of EVs.

Volkswagen's decision to embrace electric vehicles is a significant one, not least because of the diesel emissions scandal that rocked the company in 2015.

Müller said that making exciting cars is the key to getting customers to switch to electric propulsion, and the model we think most likely to do that arrives in 2022.

By 2025, the company estimated that one in four of all of its vehicles could be powered exclusively by electricity, equating to up to three million cars a year. "People need clean air and we want to contribute". Underscoring that similarity, Volkswagen, like BMW, employs the anomalous "four-door coupe" term to describe this latest CROZZ, and characterized this version as closer to production than its predecessor.

"The Group as a whole will deliver more than 80 new electric models to customers by 2025, including nearly 50 true e-vehicles and 30 plug-in hybrids", Müller explained.

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