ENYAQ IV
Skoda Auto to assemble EVs in India latest by 2027
The focus on electric mobility is in alignment with the government of India's push for EVs, targeting 30 per cent new car sales by 2030, Skoda Auto India Brand Director Petr Janeba said. The company is testing electric SUV Enyaq for possible launch in India this year.
With slew of new launches, Auto Inc set for a happy new year
India's passenger vehicle market, valued at ₹4.5 lakh crore, has been outpacing volume growth and the trend is likely to continue with the spate of new models led by EVs, which enjoy a superior realisation. Carmakers will likely clock ₹25,000-30,000 crore of incremental revenue from new model sales, according to analyst estimates.
Skoda plans new launches to scale up its India play
Skoda Auto aims to strengthen its position in India's competitive market and become profitable by launching multiple models and refreshing its existing line-up. The Czech carmaker plans to increase exports from India and invest in both internal combustion engine (ICE) and battery electric vehicles (BEVs). Skoda Auto achieved record sales in 2022-23.
'Volkswagen Group to start localisation of EVs in India in phases'
German automaker Volkswagen (VW) Group plans to adopt a phased approach to localizing its battery electric vehicles (BEVs) in India. The company will wait for a strong business case before offering affordable, 'Made in India' EVs. VW is confident in the Indian market, which has experienced rapid growth and is now the third largest car market globally.
Skoda Auto India to enter EV market in FY24
“Most of the markets in Europe have declined because of recession and semiconductor shortage. If we continue growing, we may make it happen,” Peter Solc, brand director, Skoda Auto India said alluding to India overtaking Czech Republic as the second largest market. India was the only market last year that saw sales touch a record high, he said. “We are crafting a sustainable strategy for the India market to grow,” he added.
Skoda Auto has put India 2.0 plan successfully on road, doubled sales in 2021: Global CEO - Thomas Schaeffer
The ŠKODA AUTO Group’s revenue increased 3.9% to 17.7 billion euros The operating profit increased 43.2% to 1.08 billion euros. The return on sales recovered to 6.1%, significantly above the previous year.
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Skoda reveals its first electric SUV, the Enyaq iV
Skoda has taken the curtains off its first electric SUV, the Enyaq iV. Skoda has also introduced a limited version of the SUV called Enyaq iV Founders Edition. Only 1,895 units of the same will be available.
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