The spending plan projects about €165 billion for 2025–2029 and €180 billion for 2024–2028, with 2024 highlighted as a peak year.

CEO Oliver Blume announced a total investment of €160 billion ($186 billion) through 2030 as part of a rolling five-year plan.

A potential Audi U.S. plant could be on the table if there is substantial financial support from Washington, while Porsche’s growth in China is not anticipated.

A large portion of the funds will go toward future technologies, including battery cells, software, and autonomous driving systems, underscoring a push to stay competitive amid rising EV competition in China.

Localized production within the VW Group is viewed as a possible strategy, with a Porsche model tailored for the Chinese market potentially feasible in the future.

The plan prioritizes product development, technology, and infrastructure within Europe.

The plan signals Volkswagen’s strategic response to crises facing European automakers in key markets, aiming to solidify its core region while investing in innovation to stay competitive globally.

Volkswagen’s investment will primarily target Germany and Europe, emphasizing product development, technology, and infrastructure to strengthen its home market and counter tariffs and competition from China and the US.

In response to crises in China and the United States, the company is tightening belts and concentrating investments in Germany and Europe, its two main markets.