Summary:
Volkswagen is ready to launch its ID.4 electric SUV by the end of 2020 across key markets. It will be the first vehicle modular electric drive matrix (MEB) platform and forms a key part of the company`s de-carbonisation plan.
The company calls this its first global electric car and deliveries will begin across key markets of Europe, US and China by the end of 2020. However, India would have to wait a bit longer to get an EV from VW.
The Indian market is not yet ready for VW to sell its electric vehicles (EV) as the country lacks key infrastructure and EVs remain too expensive for most of the population, the company’s top management said a global press conference.
“At the moment, we do not feel this market is mature. It needs to develop the infrastructure. EVs for this market are too expensive,” said Ralf Brandstätter, chief executive officer, Volkswagen Brand.
The company said that its headquarter keenly tracks the Indian market, where the Volkswagen Group owns two manufacturing plants. It had made no decision on bringing to India the MEB electric vehicle platform which is the backbone of VW group’s electric vehicle strategy, Brandstätter said.
Volkswagen is ready to launch its ID.4 electric SUV by the end of 2020 across key markets. It will be the first vehicle modular electric drive matrix (MEB) platform and forms a key part of the company`s de-carbonisation plan.
The company calls this its first global electric car and deliveries will begin across key markets of Europe, US and China by the end of 2020. However, India would have to wait a bit longer to get an EV from VW.
The Indian market is not yet ready for VW to sell its electric vehicles (EV) as the country lacks key infrastructure and EVs remain too expensive for most of the population, the company’s top management said a global press conference.
“At the moment, we do not feel this market is mature. It needs to develop the infrastructure. EVs for this market are too expensive,” said Ralf Brandstätter, chief executive officer, Volkswagen Brand.
The company said that its headquarter keenly tracks the Indian market, where the Volkswagen Group owns two manufacturing plants. It had made no decision on bringing to India the MEB electric vehicle platform which is the backbone of VW group’s electric vehicle strategy, Brandstätter said.