Volkswagen has unveiled its first-ever electric car, titled The ID.3. The new vehicle was shown at the Frankfurt Motor Show, and it will be the first in the company's series of electric cars. Volkswagen intends to release a number of electric cars under its MEB title, which stands for modular electric drive matrix.
The company believes that its ID.3 will become more than a concept, as production will be scheduled to allow for 2020 deliveries. The car will have a range of 340 miles. As well fast charging can bring the range to 180 miles in 30 minutes. The ID.3 will start at $33,000 USD, but it will only be available in European markets. The company is also scheduling the production of over 10 million electric cars over the next 10 years.
Electric Car Series Launches
Volkswagen's ID.3 Was Recently Revealed at the Frankfurt Motor Show
Trend Themes
1. Electric Cars - The ID.3 marks Volkswagen's entry into the electric car market, presenting opportunities for innovation in the development of new electric models and technologies.
2. Modular Electric Drive Matrix - Volkswagen's MEB platform offers possibilities for disruptive innovation in the design and production of electric vehicles, allowing for greater flexibility and efficiency.
3. Fast Charging - As electric car technology advances, there is potential for disruptive innovation in the development of more efficient and faster charging solutions for electric vehicles.
Industry Implications
1. Automotive - The automotive industry can explore opportunities in the production and distribution of electric vehicles, along with associated infrastructure and services.
2. Energy - The energy industry can leverage the rise of electric cars by developing innovative charging solutions, grid integration, and renewable energy sources to power them.
3. Technology - As electric cars become more prevalent, the technology industry can focus on developing new software solutions, connectivity features, and autonomous driving technologies for electric vehicles.