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Volkswagen subsidiary Skoda will offer three new electric models by 2026, four years earlier than originally planned.
According to Skoda CEO, Klaus Zellmer, they are investing 5.6 billion euros by 2026 in electromobility, which is around 80 percent more than planned a year ago.
The Czech carmaker will spend the vast majority of its planned investment on these new models, bringing the proportion of electric models in their range to 70 percent by 2030, Zellmer added.
