The Volkswagen Group has taken stock of the development of its global fast-charging network. By the end of 2022, a good third of the 45,000 fast-charging stations planned by 2025 were connected to the grid – a total of around 15,000 with a capacity of up to 350 kW.
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On its three-year anniversary, CAMS New Energy Technology has taken stock and announced a new product roadmap. So far, the joint venture for charging infrastructure in China, established in 2019 by Volkswagen Group China, JAC, FAW and Star Charge, has built 760 fast charging sites with more than 7,000 charging points in 100 Chinese cities.
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Volkswagen has just presented its technology roadmap for the battery and charging sectors up to 2030 at its Power Day presentation. The aim of the roadmap is to significantly reduce the complexity and costs of batteries. At the core of the plan are six “Gigafactories” throughout Europe.
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Volkswagen will invest around 15 billion euros in electric mobility in China by 2024 with its three joint venture partners SAIC, FAW and JAC. This comes in addition to the €33Bn the Group had already announced in 2019 for the global development of the electric car sector.
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Volkswagen has now officially launched the joint venture for charging infrastructure announced in May in China together with their Chinese partners JAC and FAW, as well as Star Charge. The joint venture is called CAMS New Energy Technology.
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