Volkswagen AG of Germany and the Toshiba Corporation of Japan have inked a deal in Wolfsburg, Germany today under which they will jointly develop modern electric drive units and the accompanying power electronics for Volkswagen’s new range of electric vehicles. The two companies will also develop lighter and more efficient lithium-ion battery packs which can make electric vehicles more practical and convenient for various commuting needs. Volkswagen’s new generation of electric cars will all be developed using Toshiba’s proven expertise in electric systems. The chairman of the board of management at Volkswagen AG, Prof. Dr Martin Winterkorn, said “Volkswagen is forging ahead with the development of future drive technologies in many different areas. In order to further strengthen our position, Volkswagen is investing in the long term and is offering cooperation projects to other companies. One of the important components in this context is the cooperation with Toshiba. I am convinced that this will be a major step forward towards the development of series production electric vehicles for our customers.”

Volkswagen’s growing strength is evident in the way the company is investing in research and development and this joint initiative is a point in case. The alliance is likely to yield rich dividends for both partners in the future which is leading to environment friendly mobility.