The strategy includes expanding EV output at its main Mladá Boleslav plant and converting parts of its Kvasiny factory to accommodate electric models. The move responds to tightening EU emissions regulations and growing demand for EVs across Europe.

Škoda will introduce three new fully electric models by 2028, including a small SUV aimed at urban markets. This investment is set to increase demand for EV components, battery systems, lightweight materials, and digital vehicle technologies—offering fresh supply chain opportunities  across automotive and cleantech sectors. 

Source: Škoda Auto

Prepared by the CzechTrade United Kingdom and Ireland team.