The brand now expects fully electric vehicles to make up more than 70% of its sales in Europe by 2030.

That is up from an earlier target of 35% in China and the US. It sees EVs taking half of the market by the same date.

Now VW is taking aim at rivals including Tesla, with a view to becoming the leader in electric vehicle production.

Brand boss Ralf Brandstätter says the world's second biggest carmaker is well placed to win the electric race.

He says VW is ahead of rivals in taking big steps towards a digital transformation of its business and products.