Volkswagen to become a power supplier

The Volkswagen Group is establishing a Group company for energy offerings and charging solutions - underlining its strategic goal of becoming a leading provider of sustainable mobility.

Elli Group GmbH with headquarters in Berlin is to develop products and services connected with energy and charging for the brands of the Group.

Thomas Ulbrich, Volkswagen brand Board Member responsible for E-Mobility, said, "As one of the world's largest automakers, Volkswagen is going to force the pace of the urgently needed transport and energy transition to emission-neutral e-mobility. The new company will play its part with energy offerings from renewable sources and smart charging solutions. This way, we are entering a strategically relevant, extremely exciting business area that offers considerable opportunities for strengthening ties with existing customers as well as accessing entirely new customer groups."