According to the plan, a quarter of Volkswagen cars will be new energy cars by 2025 and there will be at least one electrified version of each of the group's 300 or so models by 2030.
Electrified version will be available "at all brands, for all markets", said Volkswagen CEO Matthias Mueller. "Up until 2030, we will be making over 20 billion euros available for direct investment in the industrialization of e-mobility."
China is one of its most important markets. The carmaker has set out a plan to deliver 400,000 new energy vehicles to customers in 2020 and 1.5 million new energy vehicles - most of them pure battery cars - in 2025.
It has set up a joint venture with China's JAC Motors to produce electric cars for the Chinese market.
Ford and Nissan are following suit, each joining hands with local partners to do so.
Ford announced earlier this year that at least 70 percent of Ford-branded vehicles sold in China will offer electrified powertrain options by 2025.
Between 2016 and 2020, GM is introducing at least 10 new energy vehicles in China, including the recently launched Cadillac CT6 plugin, Buick Velite 5 extended-range electric vehicle and Baojun E100 electric vehicle.
By 2025, nearly all models from GM global brands in China - Buick, Cadillac and Chevrolet - will feature mild to strong electrification, said CEO Mary Barra.
