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Volkswagen Commits €1 Billion To Artificial Intelligence By 2030
Volkswagen announced on Tuesday that it will invest up to €1 billion ($1.2 billion) in artificial intelligence (AI) by 2030, integrating the technology across its operations in a bid to drive efficiency and unlock billions in savings.
The announcement came on the opening day of the IAA Mobility Show in Munich, Europe’s largest car exhibition, where automakers are showcasing electric vehicles and technological innovations as they race to compete with Chinese rivals.
Volkswagen said the investment would target AI-supported vehicle development, industrial applications, and the expansion of high-performance IT infrastructure. The company projects that these measures could generate up to €4 billion in savings by 2035.
The German carmaker is undergoing a sweeping transformation, cutting costs at home while repositioning itself in both Germany and China. On Sunday, it unveiled the ID.CROSS, a concept for a small, affordable electric SUV designed to make battery-powered cars more accessible to consumers.
Volkswagen emphasised that AI will be crucial in accelerating design and development cycles, reducing inefficiencies, and enhancing competitiveness.
“For us, AI is the key to greater speed, quality and competitiveness—along the entire value chain, from vehicle development to production,” said Hauke Stars, the group’s chief IT executive.
The move highlights Volkswagen’s strategy to harness emerging technologies not only to push its electric mobility agenda but also to safeguard its position in an industry under pressure from shifting markets and intensifying global competition.
