ŠKODA AUTO to invest EUR 2bn in alternative propulsions

Published: 13.02.2019 Related countries:  Thailand Thailand

ŠKODA AUTO will invest EUR 2bn in the development of alternative propulsions and new services related with the mobility in next four years and will introduce more than 10 electrified models by the end of 2022.

ŠKODA AUTO has showed two design sketches revealing its first model based on the modular platform for electric cars (MEB) – a four-door crossover with a coupe body. The company will introduce the concept
ŠKODA VISION iV at the Geneva Motor Show on March 5-17, 2019. In 2019 the automaker will introduce on the market the model SUPERB PHEV with a plug-in-hybrid engine and the electric CITIGO using a battery. The first MEB-based series cars will follow in 2020. ŠKODA AUTO will invest roughly EUR 2bn in the development of alternative propulsions and new services related with the mobility in next four years and it will introduce more than 10 electrified models by the end of 2022.

Source: https://www.cianews.cz/en