CleanTechnica•about 2 months ago
Volkswagen Group Still Heavily Highlights EVs in Global Quarterly Report
- •Volkswagen Group's sustained emphasis on electric vehicles (EVs) in its quarterly report signals a continued strong commitment to transportation electrification, diverging from other legacy automakers.
- •This commitment projects a significant and growing demand for electricity, requiring substantial investment in new generation capacity, grid infrastructure, and charging solutions.
- •Developers, IPPs, and large power consumers should anticipate increased opportunities for power purchase agreements (PPAs), financing for EV charging networks, and grid modernization projects to support this expanding load.
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