NEXT LEVEL ŠKODA: the new FABIA and eMobility expansion

ŠKODA came through the trials and tribulations of 2020 with good results. The Czech carmaker is also looking to the future with optimism and presenting new models.

24. 3. 2021 Škoda World

Despite the unfavourable situation, ŠKODA, which celebrated 125 years of existence last year, delivered over a million cars. 2020 was the seventh consecutive year it achieved that feat. ŠKODA also increased its share of the European market by half a percentage point to 5.4 per cent. „ŠKODA has further strengthened its position as one of the leading brands in the volume segment,“ declared Thomas Schäfer, chairman of the board of ŠKODA.

Watch the recording of the Annual Press Conference:

NEXT LEVEL ŠKODA

Thomas Schäfer also explained that besides the fight against coronavirus, which the Czech carmaker contributed to by producing 3D printed respirators and providing cars for social and medical services personnel, ŠKODA took on new responsibilities in 2020 that will shape its future development. In addition to India, ŠKODA has taken charge of Volkswagen Group’s activities in Russia and North Africa.

ŠKODA KUSHAQ

„We are at the beginning of a new, exciting decade. Our NEXT LEVEL ŠKODA program for the future defines how we want to shape it for ŠKODA,“ Schäfer said. Besides emphasising the new regions, the CEO thus confirmed new products in emerging segments of the market.

Thomas Schäfer, Chairman of the Board

The future belongs to eMobility

ŠKODA is also reckoning with a substantial expansion of eMobility and other ways to minimise the environmental impacts of its business. To this end it will invest EUR 1.4 billion in electric car development by 2025, as well as EUR 650 million in digitalisation and EUR 350 million in modernising its production facilities. The Czech carmaker wants to be even more efficient in the future than it is today.

ŠKODA ENYAQ iV

This year ŠKODA will continue to focus on the fight against the coronavirus pandemic alongside the launch of its new models. The OCTAVIA PRO was presented in China and the world premiere of the Indian KUSHAQ model took place last week. Other landmark events include the start of sales of the ENYAQ iV electric car right across Europe. „The world premiere of the new FABIA generation is coming up in May; I’m already looking forward to it. The new generation once again delivers on our promise of offering the best value for money in the entry-level segment. Furthermore we will once again bring a COMBI variant to the market,“ Schäfer said. He also revealed that another electric car, the ENYAQ iV Coupé, will be presented this year.