ŠKODA AUTO to focus on electrification

Published: 25.06.2021 Related countries:  Czech Republic Czech Republic

Škoda Auto will expand its product portfolio by new electric models.

The goal of ŠKODA AUTO’s new strategy is to develop internationalisation, electrification, and digitisation. The company plans to transform the Czech Republic into a centre of electromobility development and thus ensure existing jobs and create new ones. By 2030, its product portfolio will be expanded by at least three purely electric models. By 2030, electric vehicles or electric components should be manufactured at all three production plants in the Czech Republic. At the beginning of 2022, the production of battery systems for the group’s MEB platform will be launched in Mladá Boleslav. The carmaker is also expanding its virtual-showroom concept and wants to sell 20% of its vehicles online in 2025. Compared to 2020, it plans to lower fleet emissions by 50% and switch to carbon-neutral production in all its Czech and Indian production plants by 2030. In addition, between 2022 and 2030, it will invest almost EUR 500m in employee learning.

Source: ČIA NEWS, June 25th, 2021, www.cianews.cz/en
Compiled by the team of CzechTrade office in Riga.