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04 Jul
16:41

Volkswagen to launch two BEVs in Brazil amid €1 billion market push

Volkswagen said Tuesday it plans to launch its all-electric vehicles (BEV) ID.4 and ID. Buzz models in the Brazilian market by year-end as subscriptions, Kallanish reports. The German carmaker expects its EV as subscriptions business to grow by around 150% in 2023 to 7,500. The strategy, part of an offensive to celebrate its 70th anniversary of operations in Brazil, includes the introduction of hybrid electric vehicles in the medium term. Announcing a €1 b…
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