E-mobility info hub

Purchase

Vehicle leasing is key to driving the further market success of e-mobility. E-models are already available today with attractive leasing rates at levels similar to combustion vehicles. Falling battery costs will lead to lower purchase prices for e-models in the coming years.

• More than 80% of BEV customers in Germany choose leasing
• Leasing rates are already at a similar level to combustion vehicles (e.g., ID.3 vs. Golf, ID.4 vs. Tiguan, ID.7 Tourer vs. Passat Variant)
• With advantages in operating costs (e.g., lower electricity costs, reduced maintenance expenses), BEVs are on the same total cost level as combustion vehicles
• Purchase prices are steadily converging, e.g., Škoda Elroq achieves price parity with Karoq, reduced starting price of ID.3, supported by falling battery costs
• The Group already has the broadest BEV portfolio, and remaining gaps will soon be closed
• MEB models starting at €25,000 will be introduced in 2025
• Entry-level models starting at €20,000 will follow in 2027

Running Costs

E-models are cheaper to maintain, as home charging costs are 50%-60% lower than petrol costs and often also lower when charging on the go.

• According to the German Federal Ministry for Economic Affairs and Climate Action, charging electricity costs average around €5 per 100 km – lower than any other drivetrain technology (Q2/24, Germany)
• Energy costs for small and compact cars are about 50% lower than those for petrol vehicles, for mid-/upper-class vehicles over 60% cheaper; Source: BMWK Energy Costs Comparison, based on E10 type gasoline
• According to Verivox, costs for charging on the go are often slightly lower than for petrol or diesel (AC charging €10.85 / DC charging €12.89 per 100 km vs. €13.77 petrol and €11.94 diesel); Source: Verivox Half-Year Electricity Cost Review
• The Volkswagen Group supports the introduction of a legal cap for public charging prices

Repairability/Battery Replacement

Battery components are generally repairable or replaceable. Full battery replacement is a rare exception.

• Almost all individual components of the battery system (modules, control units, casings) can be repaired or replaced
• Typically, replacing a defective module suffices
• Full battery replacement is only necessary in exceptional cases
• Dealerships and service centers are fully qualified for diagnosis and repair, supported by a network of around 450 repair hubs

Residual Value

More than 80% of our BEVs are leased, and we manage the resale of most used vehicles.

• Used car prices are normalizing across all drive types after peaking
• The used car market for BEVs is still developing
• BEV leasing remains attractive, with over 80% of Group customers in Germany opting for it

Charging Times

Today, up to 310 km range can be recharged in just ten minutes. Charging performance has been consistently improved with the MEB product updates.

• Current models offer very short charging times: e.g., Audi A6 e-tron charges up to 310 km in 10 minutes; 10% to 80% SoC (state of charge) in 21 minutes
• MEB models have seen consistent improvements in charging performance during product updates, e.g., Škoda Enyaq 85x increased from 135 kW to 175 kW, reducing 10%-80% SoC charging times from 36 minutes to 28 minutes

On-the-Go Charging

The charging infrastructure is significantly better than its reputation, but further expansion efforts are necessary.

• Volkswagen offers access to over 800,000 charging points in Europe, including 130,000 fast-charging points (DC and HPC). Access is available with only one card or via app.
• Germany’s existing charging infrastructure exceeds EU requirements and is sufficient for the current market volume of EVs and the expected growth.
• However, further joint efforts by businesses and governments are needed to expand infrastructure, particularly in urban centers and rural areas.
• For fleet customers, the Volkswagen brand Elli offers a wide range of supporting hardware and software to simplify and reduce the cost of charging on the go and at work.

Home Charging

• The majority of private EV customers charge at home. In this context, Elli offers a home charging and energy management ecosystem, including an intelligent wall box, market price-oriented green electricity (in Germany), a smart charging app, and a partnership with Norwegian PV company Otovo. Volkswagen is the only OEM in Germany offering such an ecosystem.
• This allows customers to significantly reduce charging costs (by 40%; "full charge" for €6.50) and support the energy transition at home.