VW to Make Market-Specific Variants of New EV
Volkswagen AG says it will produce variants of a new ID.-badged electric crossover vehicle for China, North America and Europe when the EV is introduced in late 2021.
The car will be previewed by the ID. Space Vizzion concept model to be publicly unveiled later this month in conjunction with the Los Angeles auto show. Several other ID concepts also will be unveiled as part of VW’s “building an Electric Future” exhibit at the Petersen Automotive Museum.
VW describes the new concept as “a wagon of tomorrow” that combines the aerodynamic characteristics of a gran turismo with an SUV’s spaciousness. As with the upcoming ID.3 hatchback and ID.4 crossover, the Space Vizzion rides on the carmaker’s Modular Electric Drive Matrix platform.
Teaser images of the Space Vizzion show a sleek design—similar to last year’s ID. Vizzion sedan—with a muscular front end. The cockpit features a large center touchscreen and a host of sustainable materials, including an artificial leather containing residual matter from apple juice production.
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.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.
Lithium-ion batteries have become the technology of choice for EVs, and falling costs and rising energy levels could keep them on top for nearly two decades.