The Volkswagen Id.Cross concept is on stage during a press conference before the start of the international automotive exhibition (IAA mobility). The IAA Mobility 2025 will take place in Munich from September 9th to 14th, 2025.
Image Allianz | Image Allianz | Getty pictures
The managing director of Volkswagen According to the German autogian, the dominance of electromobility in Europe is reinforced with a new series of compact and affordable electric vehicles.
Volkswagen, the largest provider of electric cars in both Germany and Europe this year, presented the small all -electric ID. Cross Concept Car over the weekend before a roll-out is onto the market in the first half of the next year.
This is the fourth start of Volkswagen in a family of new electrical models, which follows the ID 2, the ID. GTI concept and the ID. Every1.
“We have worked hard in recent years to improve our software and improve our battery offers. This family will be the first one in which we introduce our uniform cell concept with regard to battery,” said Oliver Blume, CEO of Volkswagen, opposite Annette Weisbach from CNBC on Monday.
“For example, we will be competitive in Europe and at the moment we are by far a market leader with a 28% market share. This family is another urge to make this market share even bigger,” said Blume.
Volkswagen ID. Cross Concept Car has an admission price of around 25,000 euros ($ 29,316), said Blume.
His comments come shortly before the IAA Mobility Car Show kicked off in Munich, where the fighting car manufacturers will fight with newcomers to Chinese.
Volkswagen’s shares have risen by around 12.2% this year, although the US tariff is pressure on the European auto industry.
When asked about the robust competition of the Chinese EV competitors, Blume said that he welcomed the challenge.
“The competition is very positive for me. It’s like in sports: if you have good competitors, you have to be better. We have been ready to improve ourselves in recent years,” said Blume.
“I’m not afraid of the competition,” he added.
Tariff Burden
The Europe’s auto sector is currently facing a variety of challenges, rising production costs to US tariffs as well as disorders of the supply chain and regulatory pressure.
Like the CEO of the Mercedes-Benz Group, Ola Källenius, recently put it recently: “Our industry is also experiencing heavy rain, hail, storms and snow at the same time.”
The Volkswagen flower welcomed a recently carried out broken trade between the US and the European Union. An agreement is expected to increase auto import tariffs to 15%compared to 27.5%.
However, the new collective bargaining course will still be a “burden” for the company, according to Blume, which has been added that the company intends to continue to invest in the USA
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