Škoda production - CZ, Kvasiny, SUV manufacturing

Škoda production Czechia Kvasiny, Kodiaq assembly karoq, big SUV manufacturing
Škoda Auto a.s. , often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became state owned in 1948. After 1991, it was gradually privatized to the German Volkswagen Group, becoming a partial subsidiary in 1994 and a wholly owned subsidiary in 2000.

Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche.

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In 2015, new Škoda chairman Bernhard Maier stated that the Volkswagen Group "is working on a modular, new electric platform and we are in the team", and "there is no alternative to electrification." New Škoda corporate "Strategy 2025", which replaces the previous "Strategy 2018", aims to start production of a fully electric vehicle in 2020, and five electric models across different segments by 2025.

In 2017,Auto Shanghai, Škoda displayed its Vision E concept for an all-electric 300-bhp coupé-SUV, with level 3 autonomy capability and 500 kilometres (310 mi) range. It is based on the VW MEB platform and Škoda Auto will also manufacture electric-vehicle batteries for the Volkswagen Group in its facility in the Czech Republic. The second development stage, the Škoda Vision iV, was revealed in March 2019.

A plug-in hybrid car, the Škoda Superb iV, was available for sale from early 2020, and a small SUV model Škoda Kamiq with a natural gas-electric hybrid powertrain and a hybrid Fabia from later the same year. By March 2018, the electrification plan was expanded to 10 electrified models for 2025 - six fully electric cars and four plugin-hybrids. Out of these, five models are to be available by 2020. In 2018, the brand launched its largest-ever investment plan of €2 billion over five years into its electrification.

The brand's first fully electric car, a city car Škoda Citigo-e iV, was sold from 2019 to 2020.[53][54] The all-electric Škoda Enyaq iV is available for sale since September 2020. Škoda Enyaq Coupé is sold from May 2023.


Source: skoda

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