North America after USThe US administration has created a new proposition for EVs in the market, VW brand development chief Thomas Ulbrich told reporters in Munich.
Europe’s largest automaker is in the midst of the most aggressive push into EVs by a traditional carmaker, with plans to launch about 70 battery-powered models by the end of the decade. Peers from Toyota to Ford have followed suit in recent months, stepping up their challenge to Tesla. On Wednesday, General Motors raised its planned investment in future technology for the second time in eight months to $35bn.
The ID.4 spearheads the global rollout of VW-branded electric cars after last year’s bumpy introduction of the ID.3 hatchback, which primarily targets European customers. VW is adding the ID.5 crossover later this year and the seven-seat ID.6 in China. Plans for a subcompact EV below the ID.3 priced at less than €25,000 have been accelerated by two years to 2025.
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Volkswagen switches on to US marketCarmaker gears up for Biden’s $174bn plan to accelerate move to electric vehicles
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