Volkswagen intends to sell electric cars for less than 20,000 euros and protect German jobs by rebuilding three factories into Tesla rivals, a source familiar with the plans.
VW and other automakers have difficulties adapting quickly There were enough strict rules introduced after the automaker had cheated the diesel emission tests . His boss Herbert Diess warned last month of the extinction of the German automotive industry.
Plans for the electric car from VW, known as "MEB entry" and a production volume of 200,000 vehicles to be discussed on November 1
Another vehicle, the ID Aero, is being built at a plant that is currently manufacturing the VW Passat, a mid-size sedan, the source said.
The Wolfsburg-based carmaker did not want to comment It is expected that far-reaching alliances will be discussed with battery cell manufacturer SK Innovation and rival Ford.
The strategy meeting on November 16 will discuss Volkswagen's transformation plan to switch from Europe's largest manufacturer of combustion engine vehicles. A mass producer of electric cars, another source familiar with the considerations, said:
The strategy change of VW is made banning diesel engines in cities and forcing automobile manufacturers to consider new ways of securing 600,000 German industrial jobs, including 436,000 auto companies and their suppliers.
An electric van, of the ID Buzz is to be built in the VW plant in Hanover, where the T6 van is manufactured, the source said.  2] In order to release the production capacity for electric cars in Hanover, VW's vans could be manufactured in a Turkish Ford plant if the German unions, which have half the seats on the VW board, agree.
VW and Ford are engaged in "exploratory talks" about an alliance to develop self-propelled and electric vehicles and complement each other's global production and distribution footprints, Reuters reported last month.
Ford generates strong sales and profits in the United States, thanks to its involvement in the lucrative pickup segment, while Volkswagen dominates the passenger car market in Europe.
Companies are considering cooperation The second source states that a final agreement will not be announced at the strategy meeting on 16 November at Volkswagen.
The details of a cooperation agreement with Ford may last until the end of the year to be made, the second source said. The German carmaker will concentrate above all on the question of how he should convert the conversion of his VW plants in Emden, Zwickau and Hanover, all of which are built with internal combustion engines, to electric cars according to the plans discussed by the board of directors.
] Car manufacturers in Germany agreed on Thursday to spend up to € 3,000 ($ 3,430) per vehicle to add more efficient exhaust filter systems to reduce diesel emissions, but have failed to ban diesel vehicles in Cologne and Bonn.
The EU legislator has agreed to this By 2030, car emissions are expected to be cut by 35 percent after a UN report called for dramatic steps to slow global warming. This said, to reduce the average carbon dioxide emissions of the fleet in Europe by 30 percent by 2030, VW should increase its share of all-electric vehicles to 30 percent of new vehicle sales.
The conversion of internal combustion engines to electric cars would also cost 14,000 VW jobs by 2020, as the construction of an electric car takes less time than a conventional one and because overseas jobs are being shifted to battery manufacturers.
In Europe, there are about 126 plants in which internal combustion engines with 112,000 employees work. The largest of these systems in Europe is that of VW in Kassel.