VOLKSWAGEN TO SOON LAUNCH ID.4 ELECTRIC (MEB) SUV, INDIA ENTRY NOT ON THE CARDS | AUTO REPORTER
Volkswagen will soon be launching its ID.4 electric SUV which will be the first vehicle MODULAR ELECTRIC DRIVE MATRIX (MEB) platform and forms a key part of the company's de-carbonization plan.
The Volkswagen company calls, this its first global electric car, and deliveries will begin across key markets of Europe, the 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 is too expensive,” said Ralf Brandstatter, 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 the VW group’s electric vehicle strategy, Brandstatter said.
The Volkswagen company also researched the prospects of making more affordable last-mile electric vehicles like electric scooters and even made concept vehicles. Electric two-wheelers have more acceptance in India given their relatively low cost of acquisition and government subsidies.
Electric cars for personal use do not receive any government subsidy in India, unlike the US, China, and many European countries where the adoption of EV has taken off.
Notwithstanding, Volkswagen decided to focus its EV strategy on passenger vehicles. The company plans to sell half a million ID.4 cars by 2025 as part of its transform 2025 plus strategy.
Also, Check out ALL NEW ELECTRIC FORD F-150