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Skoda Auto has registered two new names for its models

Skoda Auto has registered two new names for its models

Modernization: 09/16/2022 15:46
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Mladá Boleslav – Škoda Auto from Mladá Boleslav has registered two new model names with the Industrial Property Office. These are the names Sharyaq and Prediaq. Followed by search engine Forms Office brands, the new names can be found under the order number 581093 and 581094. Škoda Auto ČTK is investigating. For example, it may be the names of new electric models that are planned by Skoda.

New model names have the letter “Q” at the end, which the automaker uses for its SUV model line, the Kodiaq, Karoq, Kamiq or Enyaq iV electric. It is suggested that the new models could also be from the SUV range.

Škoda previously stated that it will launch three new purely electric models by 2026, and others will follow. The share of pure electric cars in brand sales will rise to more than 70 percent in Europe by 2030.

In the next five years, Škoda Auto will invest an additional 5.6 billion euros (approximately CZK 138 billion) in electric mobility and 700 million euros (about CZK 17.2 billion) in digitization. Last year, the company said it wanted to invest 1.4 billion euros in electric cars within five years, a quarter of the amount.

In five years, Škoda will launch an electric car in the small car segment, as well as a compact electric SUV and a seven-seater family car. The Vision 7S study offers a concrete idea of ​​a seven-seater electric SUV. The vehicle based on the Volkswagen Group’s Modular Electric Vehicle Platform (MEB) has a battery with a capacity of 89 kWh, which allows a range of more than 600 km and can be recharged up to 200 kW. Other electric cars will follow by 2030.

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In the first half of this year, Skoda Auto delivered 360,600 cars to customers worldwide, which is a 30 percent year-on-year decrease. Operating profit fell to 676 million euros (16.6 billion CZK) from 974 million euros (23.9 billion CZK) last year. The decline was mainly due to higher production costs and unfavorable exchange rate developments. The Russian-Ukrainian conflict also affects the results. January-June sales remained virtually unchanged on an annual basis and amounted to €10.2 billion (CZK 250.4 billion).

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