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Volkswagen Group designs, manufactures, and sells a comprehensive portfolio of vehicles, including passenger cars, light commercial vehicles, and trucks, alongside engines and parts. The company focuses on integrated mobility solutions, aiming to be a global automotive technology leader through innovation in vehicle design and functionality, emphasizing sustainability.
Founded on May 28, 1937, by the German Labour Front, its initial purpose was to create an accessible "people's car." After World War II, British Army officer Ivan Hirst was instrumental in re-establishing operations, guiding its transition from a wartime facility to a civilian automobile producer, enabling subsequent expansion.
Volkswagen serves a global customer base seeking reliable and sustainable transportation. Its long-term vision is to become the global automotive technology driver by 2035, committing to eco-friendly solutions and advanced digital capabilities for future mobility.
Key people at Volkswagen.
Key people at Volkswagen.
Volkswagen has 4 tracked investments across 3 companies. The latest tracked deal is $700.0M Other Equity in Xpeng Motors in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 26, 2023 | Xpeng Motors | $700.0M Other Equity | Volkswagen | — |
| Dec 2, 2020 | TuSimple | $350.0M Other Equity | Steve Girsky | Goodyear, Kroger, Navistar, Traton Group, Union Pacific, U.S. Xpress |
| May 7, 2019 | Gett | $200.0M Other Equity | — | LEN Blavatnik, Kreos Capital, MCI |
| Jun 7, 2018 | Gett | $80.0M Other Equity | Volkswagen | — |
