German automotive major Volkswagen Group on Thursday said it’s no plans to bring its MEB platform, the backbone of its global electric vehicle (EV) offensive, to India within the near future because the market isn’t yet mature and therefore the EV infrastructure isn’t developed.
The group said it’s observing the developments within the Indian automotive market and can bring its EVs as and when the market is prepared.
“We always have an observation of what happens in India. we have a plant in India with our company Skoda. we’ve combined ‘production society’ there, where we would like to supply combustible cars for India. At the instant, there’s no decision-taking to bring the MEB to India,” VW Brand CEO Ralf Brandstatter told reporters during a video conference.
Asked if the Group would await infrastructure to enhance in countries like India or if the increasing customer base in bigger car segments is sweet enough for VW Group to bring its EVs like the electrical car ID.3, he said, “We are observing all countries if they’re mature for electro-mobility.”
Stating that the group will go there when the market is prepared, Brandstatter said, “At the instant, we don’t see this market is mature.”
These markets got to develop their infrastructure, Brandstatter said adding that in markets like India, e-mobility remains expensive.
He said EV infrastructure development and pricing “need to travel close together” but “we are monitoring, once they are ready, we’ll also attend these markets”.
The VW Group is starting the worldwide roll-out of its MEB (modular electric brand) platform with its upcoming ID.4 compact electric sports utility vehicle.
“The (electric car) ID.3 is taking to the road at the instant (in Europe) and can be soon followed by the ID.4. These are the 2 trailblazers of the new climate-friendly mobility. Further model, ID.5 will follow next year,” Brandstatter said.
While the planet premiere of the ID.4 is going to be held during a few days, deliveries to customers are scheduled to start before the top of this year, he said.
“The VW Group plans to supply 26 million EVs by 2029, some 20 million alone supported the MEB platform,” Brandstatter said adding by 2024 the group “we are going to be investing 33 billion (euro) in e-mobility throughout the group”.