Volkswagen expects ID.4 electric SUV to sell 500,000 units by 2025 – 20/09/2020

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Volkswagen has announced that it intends to produce approximately 500,000 units of its ID.4 electric SUV by the year 2025. The target was disclosed in an internal interview with the brand’s chief executive, Ralf Brandstätter, and the board member responsible for electric mobility, Thomas Ulbrich.

Brandstätter said the automaker plans to build 1.5 million electric vehicles by 2025, with up to a third of them being ID.4 units.

“Volkswagen wants to become the world market leader in electric mobility – but that will not happen alone. The Volkswagen brand is therefore investing around 11 billion euros (about R $ 68.9 billion) by 2024,” he said .

“As a compact SUV, ID.4 has, in our view, the best prerequisites to succeed on a large scale in all important markets.”

“So we expect the Volkswagen brand to produce a total of 1.5 million electric cars a year by 2025. And ID.4 is likely to be responsible for about a third of that. ID.4, therefore, will become the strength driving force behind our reorientation. “

With the launch of the global MEB platform, the automaker plans to build around 20 million vehicles with it by 2029. The final reveal of ID.4 takes place on September 23.

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