Wolfsburg - Volkswagen CEO Herbert Diess says his company's massive scale will enable it to make profits on large numbers of affordable electric cars it aims to sell in the next several years.
Diess told The Associated Press on Tuesday: "Our approach is different. We come with high volumes, we come with a dedicated platform that is only for electric cars, and we generate a lot of scale because we are investing at the same time in China, in Europe, and in the US." Built on an all-new electric car platform called MEB, the ID.3 is a Golf-sized hatchback, and it's set to spawn a whole family of ‘ID’ models, which will eventually include SUVs and a retro reincarnation of the original Kombi inspired by the ID Buzz concept.