meb

Volkswagen has floated 11.5 per cent of its truck-making unit, now named Traton, on the Frankfurt and Nasdaq Stockholm stock exchanges. Weak demand from investors had forced the automaker to price the listing at the low end of its target price range. It also meant the company couldn't float the 25 per cent it had wanted to let go of.

Skoda will build three pure-electric models on the modular Volkswagen MEB platform by 2023, including a low-cost compact. According to Automotive News Europe, the range will be headed by a production take on the Vision IV concept unveiled at the Geneva motor show. A cheaper, simpler SUV will sit below it in the range, once again with styling inspired by the concept.

Skoda has teased its Vision iV concept with a pair of design sketches, ahead of its official unveiling at next month's Geneva motor show. Dubbed a 'concept study', the Vision iV is an all-electric four-door crossover coupe that could preview the brand's first EV model to be based on the Volkswagen Group's MEB architecture.

Skoda has announced plans to offer five electric vehicles (EV) by 2025, along with its first plug-in hybrid in 2019. In a new release, the Czech subsidiary of the Volkswagen Group confirmed it is planning five EV models across "various segments", with the first model in this new electric family to be built in the Czech Republic.

Volkswagen has teased a concept electric vehicle that will debut at the 2016 Paris motor show, which starts at the end of this month. Last month, Herbert Diess, head of the Volkswagen brand, told Wirtschafts Woche that the company's Paris debutant will be an EV around the same size as the Golf. Given that the car is also said to have the interior room of a Passat, expect it to feature a tall hatch body.