Herbert Diess, chief of the Volkswagen brand, told AutoExpress, "Emotional cars are very important for the brand".
Noting the company still sells "loads" of Beetles in the US, Diess stated "we will also have the Microbus that we showed, which we have recently decided we will build".
The ID Buzz concept was introduced at this year's Detroit motor show.
Underpinned by the company's MEB electric vehicle platform, the ID Buzz concept has all-wheel drive, up to 275kW of power, seating for eight people, and a range of 600 kilometres.
As Oliver Stefani, the Volkswagen brand's chief designer, told the magazine earlier this year, the MEB platform has allowed Volkswagen to revive the proportions of the original Type 2 Microbus/Kombi/Transporter.
Despite its compact dimensions, the ID Buzz has interior space that's "almost one class higher".
The designer hinted at derivatives too, recalling the original Kombi had "some family members, like the pickup, the camper, the Samba, so I think there are a lot of possibilities with this car".
It's not known when the production version of the ID Buzz will make its debut, but the first MEB-based vehicle, a version of the ID hatch, will go on sale from 2020.
By the 2025, the automaker expects to be selling one million electric cars per year across all of its brands.