will help Volkswagen Group more than double its share of the US market.
All 25 full-electric models the automaker plans to sell in the US by 2030 should qualify for the maximum $7,500 in tax credits provided by IRA, Pablo Di Si said. That will help Volkswagen Group attract more customers and meet its goal of reaching 10 percent of the US auto market by 2030 compared to about 4 percent today, he added.
"We have a great opportunity in the U.S. I believe this is the right time and the right place," Pablo Di Si said.Half of the planned 10-percent US market share for 2030 is expected to be held by the Volkswagen brand, which currently has just 1.8 percent of the US market. The group's other brands including Audi, Porsche, Bentley and Lamborghini, should account for the remaining 5 percent.
To make this very ambitious expansion possible, Volkswagen Group plans to spend more than $7 billion in the US to add production for its electric vehicles. The company began, while US output of the ID. Buzz electric van is slated to begin in 2024. VW is also planning to build a mid-size and a large electric SUV in the US in next several years. In addition, the automaker recently announced South Carolina as the new home of its
As a ID4 owner there is a lot of programming to be done between now and 2030. Hoping the experience gets better. VW VWGroup
When a car needs a goddamn tax credit to sell, you know you're doing something wrong.
GM was also supposed to launch 25, but won't come close. I don't think VW will either, but I sure like what they've done so far.
At current product volume, they will qualify past 2030.
No one will buy those VWGroup so whatever
Meanwhile 2021 id.4 owners are still waiting for software updates 🤷♂️
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: therealautoblog - 🏆 528. / 51 Read more »