Volkswagen CEO reveals why company will play 'major role' in EV market

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Volkswagen CEO reveals why company will play 'major role' in EV market
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Volkswagen Group CEO Herbert Diess explained on Tuesday the company's plans as it pertains to electric vehicles, arguing that it will be a major player in the space.

The ID.4 is Volkswagen’s first ever fully electric SUV, according to the company’s website. The compact will be produced and sold the U.S., China and Europe and "marks a strategic milestone in the Group’s electric offensive," the company noted.

He went on to note that the ID.4 is a compact SUV, but other electric SUVS as well as sedans should be expected under the company’s various brands, including Audi.

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