(MENAFN) On Thursday August 20 the German carmaker declared that Volkswagen created series manufacture of the brand's first all-electric SUV, the ID.4, in the plant in the eastern German city of Zwickau.
Ralf Brandstaetter chief executive officer (CEO) of the Volkswagen brand stated that "Following the ID.3, this is already the second model based on the modular electric drive matrix (MEB),", MEB is a modular car platform planed only for electric vehicles from Volkswagen.
The plant in Zwickau would play a "key role in the system changeover to e-mobility" and Volkswagen was changing the plant to electro-mobility with assets of approximately 1.2 billion Euros (1.4 billion United States dollars).
Volkswagen stated that conversions in the Zwickau plant are scheduled to be completed this year, in 2021, the "first full making year as an EV factory," approximately 300,000 electric vehicles would be created based on MEB.
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