Volkswagen brand plans to launch 34 new models and derivatives next year including electrified cars to lower emissions as stringent new CO2 reduction targets are phased in by the European Union.
The ID3 battery-powered compact hatchback will go on sale in Europe next summer, followed soon after by the ID Next, the brand's first full-electric SUV, VW said in a statement. The ID Next is expected to be badged as the ID4 in the U.S.
VW faces heavy investments into cleaner and self-driving technologies and has increased sales share of higher-margin SUVs to help fund an industry-wide shift toward low-emission vehicles...
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