VW Group CEO Herbert Diess said the development of the new models is “in full swing”.
The development of Volkswagen’s new small Polo electric vehicle, along with derivatives for the Skoda and Cupra brands, is “underway,” said VW Group CEO Herbert Diess.
The VW group posted pictures of the three electric cars on its Twitter account. He said that electric vehicles will be built in Spain starting in 2025.
The images show cars combining SUV design attributes with more conventional hatchbacks.
Diess said the small electric vehicles would be about 4 meters long to fit the size of the small Polo hatchback and the small T-cross SUV and would be profitable for the group.
“The challenge is that big cars are more profitable than small cars, but now is the right time to come with small cars by 2025,” Diess told the Financial Times Future of the Car conference.
VW previously said that the cars will be sold for between 20,000 euros and 25,000 euros.
An elegant design
The VW car sketch features a sleeker design than the ID Life concept unveiled at the IAA Motor Show in Munich in September.
The concept of the Munich show had a retro, boxy style, but it was badly received, so the designers shifted their focus to a more modern look to attract young customers who want an affordable, highly connected vehicle. reported the sister publication Automotive News Europe Automobilwoche in March.
VW brand chief Ralf Brandstaetter wrote on Linkedin that the small car project was “an excellent example of the intensified cooperation between Volkswagen Group’s volume brands.”
The small EV of the VW brand will probably be launched as ID2, joining the larger ID3, ID4, ID5 and ID Buzz vehicles with electric battery.
The EV platform for small cars will be based on a shorter version of the VW Group’s MEB electric platform and is being developed by Seat in Spain.
The Cupra version will be positioned under the brand’s compact Born electric hatchback. Skoda’s small EV will be about the size of the brand’s small Fabia hatchback.
Last week, Diess announced a € 10 billion investment in Spain to include a new battery factory in Sagunto, which will produce batteries for small electric vehicles to be produced at the Seat plant in Martorell and the Volkswagen plant in Pamplona.
VW aims to start construction of the 40-gigawatt-hour plant in the first quarter of 2023, with series production scheduled to begin by 2026.