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Volkswagen:Quarterly Results/2025 Q2: Difference between revisions
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== Q2 2025 earnings call summary == | == Q2 2025 earnings call summary == | ||
[https://www.webcast-eqs.com/volkswagen-2025-h1 Q2 2025 Webcast Call] | [https://fiscal.ai/company/XTRA-VOW3/investor-relations/Q2-2025/ Q2 2025 Earnings Call Transcript] | |||
==== Q2 2025 results ==== | ==== Q2 2025 results ==== | ||
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* Blume said they will bring 30 new models by 2027 and 50 by 2030. | * Blume said they will bring 30 new models by 2027 and 50 by 2030. | ||
* Blume said they have managed to reduce material cost by 40% and target reduction to 10%. | * Blume said they have managed to reduce material cost by 40% and target reduction to 10%. | ||
* Blume said they received positive feedback when they presented their new Chinese models at Shanghai Auto Show (Q&A). | |||
* Blume highlighted their unique selling points in China which include strong dealer and service networks and great customer base which a lot of their rivals don't have (Q&A). | |||
==== Autonomous driving ==== | ==== Autonomous driving ==== | ||
* Blume said with ID.Bus AD, they are making strides on autonomous driving. | * Blume said with ID.Bus AD, they are making strides on autonomous driving. | ||
* They plan to bring it to the US market in 2026 through a partnership with Uber. | * '''They plan to bring it to the US market in 2026 through a partnership with Uber.''' | ||
* Blume said their software meets key regulatory requirements for level 4 vehicles. | * Blume said their software meets key regulatory requirements for level 4 vehicles. | ||
* Robotaxi market is forecasted to reach $400 billion annually by 2030. | * '''Robotaxi market is forecasted to reach $400 billion annually by 2030.''' | ||
* Blume said compared to competition (Tesla and Waymo), they are in good position since they have advanced technology and the needed platforms (Q&A). | * Blume said compared to competition (Tesla and Waymo), they are in good position since they have advanced technology and the needed platforms (Q&A). | ||
* Blume said they have a lot of interest from many cities in Europe and Middle East, which are ready to implement their solution. | * Blume said they have a lot of interest from many cities in Europe and Middle East, which are ready to implement their solution. | ||