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HomeBusinessVW's Skoda aims for six electric vehicle models by 2026 By Reuters

VW’s Skoda aims for six electric vehicle models by 2026 By Reuters


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© Reuters. FILE PHOTO: A Skoda logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt

PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen (ETR:), wants to expand its electric vehicle range to six models by 2026, the company said, further boosting its ambitions in the shift to e-mobility.

The company had previously aimed to launch three new electric models but said in a Tuesday evening release it will launch four new e-vehicles and two updated models in the coming years.

The launches fall under Skoda’s 5.6 billion euro ($6.16 billion) investment plan into e-mobility by 2027.

($1 = 0.9086 euros)

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