Volkswagen to Launch 34 New Models in 2020, Including 12 SUVs
German automaker Volkswagen has officially announced that it will be launching as many as 34 new models across the globe this year, including 12 SUVs and 8 fully-electric and plug-in hybrid vehicles.
To further showcase its commitment to the electrification strategy, Volkswagen plans on introducing as many as 75 electric vehicles and 60 plug-in hybrid models by the end of 2030.
The company said that it's excited about embarking on a new era and its upcoming ID family range plans on aggressively focusing on new electrified models.
The Volkswagen Group also rejoiced about the positive reception of its new offerings, such as the VW Golf 8, T-Cross, T-Roc Cabriolet, Teramont and T-Roc R.
The Volkswagen group said it will invest more than $21 billion (€19 billion) over the next four years in technology alone, funneling $12 billion (€11 billion) of that amount into the development of the brand's electrification program.
Volkswagen has also confirmed that its ID.3, the automaker's first-ever battery-powered vehicle, will go on sale this summer. The ID.3 will be followed by the ID.Next, an all-electric SUV.
The Volkswagen ID.3 has already entered production, but the company has confirmed that it will not make it to the U.S. However, a U.S.-bound, fully-electric model is under development and will be called the ID.4. Volkswagen showcased the ID.4 model last year in China.
Volkswagen claims that ID.3 will be introduced with a battery-only range of 342 miles.
VW announced that its mission to electrify its model lineup is part of its vision for an all "New Volkswagen." The automaker intends on achieving milestones to support the Paris Agreement to fight climate change.
The idea of an all-new Volkswagen and the progress made by the Volkswagen Group is quite impressive in contrast to its Dieselgate scandal, in which the automaker admitted to tampering with the emission controls of its diesel-powered models in order to falsify tailpipe emissions.
The Volkswagen Group came under scrutiny a second time in early December, when German authorities inspected the car manufacturer's headquarters as a result of new Diesel cheat accusations, casting a veil of uncertainty on the authenticity of the German carmakers environmentally conscious efforts.
The company now claims that by 2025, it will redeem itself by reducing its overall vehicle emissions by half.
Volkswagen said that it wants to be carbon neutral company by 2050.
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