VW regroups component unit for era of electric mobility
Volkswagen realigns its global component unit “with a view to ensuring a coordinated entry to e-mobility,” reads their latest release. All component making units are thus to form one independent corporate entity under the umbrella of Volkswagen AG from January 2019.
The move mirrors equal measures in the passenger car and commercial vehicles segments of the group. In the case of components, the reasoning is outspokenly electric.
Says Thomas Schmall, who heads the Volkswagen Group Components: “We are preparing ourselves for the approaching new era of mobility. Investments for the new electric components must be borne by our present core business.”
Group Components includes 56 plants and about 80,000 employees worldwide. They develop and produce what VW calls “strategic vehicle components,” including engines, transmissions and electric motors through to steering systems and lightweight parts.
By grouping global components activities together in an independent corporate entity called Group Components, Volkswagen aims to improve efficiency and optimise investments with said “view to ensuring a coordinated entry to e-mobility”. The head of the new e-mobility business division will be appointed in the near future.