Skoda wants EVs to make up at least 50% of its total sales volume by 2030

Skoda wants EVs to make up at least 50% of its total sales volume by 2030

With an aim to become the leading European EV brand in the fast-growing markets of India, Russia and North Africa; Skoda Auto has announced plans to develop at least three more electric models by 2030. The plan to develop and offer three fully-electric vehicles is part of Skoda’s electrification strategy. Skoda wants EVs to make up at least half of its total sales volume in Europe by the end of current decade. The luxury car brand wants its fully-electric models to account for 50-70 per cent of its total sales volume in Europe and some other markets.

Explaining the luxury car brand’s goals, Skoda CEO Thomas Schafer said that his company wanted to expand its potential of global sales to up to 1.5 million vehicles per year. He stressed that Volkswagen Group gave it the responsibility of expanding business in India, Russia and North Africa because the parent firm has trust in its capabilities.

Speaking on the topic, CEO Schafer said, “Skoda Auto is aiming for a share of fully electric models of 50%-70% in Europe. We are developing Skoda as a key European brand in India, Russia and North Africa. The VW Group has given us the responsibility of these regions because it trusts us to realize the potential.”

Last year, Skoda exported delivered more than 1 million cars worldwide, becoming the Czech Republic's biggest exporter.

Now, the company has plans to produce the three EVs at all three of its Czech plants in Mladá Boleslav, Kvasiny, and Vrchlabi. In the early part of the first quarter of 2022, the company will also launch the production of MEB battery systems at Mladá Boleslav facility for the Enyaq iV.

Aiming to be one of the five best-selling car brands in Europe and to become the leading European brand in India, Russian and North African markets; the Czech automaker has partnered with various local suppliers to set up a stable supplier structure for e-mobility.

The aforementioned plans give a clear indication that the Czech automobile manufacturer is accelerating the pace of its shift from internal combustion engines (ICEs) to environment-friendly EVs, amid increasing pressure from governments around the globe to cut carbon emissions. Automakers are being encouraged through various incentives and tax rebates to electrify their fleets. The larger goal is to cut carbon emissions and thwart global warming and climate change.