VW Choses Slovakia to Make New Low-Cost EV
Volkswagen AG plans to use its small-car factory in Bratislava, Slovakia, to build a family of small electric cars for the European market, according to Handelsblatt.
The plant current makes piston-powered VW Up, Skoda Citigo and SEAT Mii city cars. The new group of EVs, which is being developed by SEAT, will ride on a shortened version of VW’s modular electric drive (MEB) platform.
The cars are expected to retail for less than €20,000 ($22,300) and will be offered under the SEAT, Skoda and VW brands. The models are expected to debut in 2023.
VW originally planned to make the little electric cars at its plant in Emden, Germany. Handelsblatt says the company opted to set up production in Slovakia instead because of its lower labor costs. The facility will have capacity to make a combined 200,000 EVs annually.
Emden is now slated to build larger and more expensive EVs, beginning with a compact SUV previously planned for VW’s all-EV factory in Zwickau, Germany, according to the report.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).
Sandy Munro and his team of engineers and costing analysts at Munro & Associates were contacted by UBS Research—an arm of the giant banking and investment firm—and asked whether it was possible to do a teardown and cost assessment of the Chevrolet Bolt EV.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.