The German car group will rely on in-house battery manufacturing and economies of scale to make a profit.
“Now we can do a lot in terms of economies of scale,” Antlitz said. “Within our volume brand group, we’re producing four vehicles along with Cupra and Skoda. That volume will help us to bring prices down to be competitive and also still make money.”its own battery packs and is manufacturing them in-house
at a factory in Valencia, Spain, which will greatly contribute to the automotive giant’s chances of returning a profit from the upcoming affordable electric models. "There's a lot of innovations coming in the technical side. This car will have the first in-house battery cells from our Valencia plant. We're just ramping up; we will have much more scale by then,” VW Group’s CFO said.
It will be interesting to see how the German group’s offerings will compete with EVs from rival brands Renault andAs always, we’d like to know what you think about this, so head over to the comments section to give us your thoughts.
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