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Friday, December 9, 2022

Skoda Auto VW Is Thinking Of Setting Up EV Factory In India

Skoda Auto Volkswagen India could open an electric vehicle factory in India in the second half of this decade, about the same time Maruti’s electric car plant is scheduled to open.

Earlier this week, Skoda Auto’s Global CEO, Thomas Schaefer, hinted that the Indian subsidiary of the Volkswagen Group might manufacture “affordable electric vehicles” in India in the future for emerging markets.

Schaefer said a small electric car based on Volkswagen Group’s platform could be used in India as there are many regions in the world that need “more affordable entry EVs”. Skoda plans to introduce a new car that will be positioned below the Kushaq in the future

Skoda is currently considering constructing an EV factory in India, as well as exploring the pros and cons of introducing its Enyaq iV here.

It is also well-known that Skoda Auto Volkswagen is working on a new sub-4-metre SUV under its India 2.5 project, after having invested heavily on 4 cars namely Skoda’s Kushaq, and Slavia and Volkswagen’s Taigun and Virtus.

Schaefer believes India will play a significant role in the Volkswagen Group’s future for the next 10-15 years by catering to the needs of the southeast Asian and African markets for cars powered by petrol and electricity.

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