Volkswagen will ramp up plans to become the global leader in electric car sales in 2021 with the launch of a high-performance GTX variant of the ID 4 SUV and a new ID 5 coupé-crossover. The two new models will be joined by an updated ID 3 capable of delivering faster charging times.
Those vehicles will all be built on the VW Group’s EV-only MEB architecture. In the longer term, work is intensifying on a more compact MEB-Lite platform, which will underpin the planned ID 1 hatch and ID 2 crossover.
VW scaling up EV targets
Although VW had previously predicted that EVs would make up 35% of its total sales by the end of the decade, Brandstätter said the firm is looking to raise that target. “We see the potential for electric models to take up to 55% of our annual sales by 2030,” he said.
The renewed optimism follows the launch of the ID 3 and the recent unveiling of the ID 4, which has just gone on sale in China, VW’s largest single market. In China, VW’s two main joint-venture partners will sell different locally produced variants of the SUV, with VW-FAW offering the ID 4 Crozz and VW-SAIC selling the ID 4 X.
The ID 4 will also be the first model in the range to be built and sold in the US and marks a major escalation in VW’s electric ambitions.
The more aggressive target also reflects the increasing number of countries, including the UK, that have set dates for the switch to zero-emission-only new cars and VW’s rapid expansion of its EV plans. The VW Group is committed to spending £64 billion on electric, hybrid and digital technology developments in the next five years.