Skoda has used its annual press conference to announce plans to launch 19 new vehicles by the end of 2020.
The company didn’t reveal all 19 but confirmed one of the models will be a production version of the Vision X concept which recently debuted at the Geneva Motor Show. It will be introduced in 2019 alongside a handful of eco-friendly models including the Citigo EV and the Superb plug-in hybrid.
One year later, the company will introduce the production version of the Vision E concept. It will be a battery electric vehicle based on the MQB architecture which will also underpin an assortment of Volkswagen models such as the ID Buzz and ID Crozz.
Skoda intends to have a total of ten electrified vehicles on the market by 2025 and the company will achieve this by investing around €2 ($2.4) billion into “electromobility and new mobile services” over the next five years.
Besides talking about the future, Skoda revealed 2017 was their most successful year on record as they delivered 1,200,500 vehicles and had a record operating profit of €1.6 ($1.9) billion. Skoda’s Finance and IT board member, Klaus-Dieter Schürmann, credited these achievements to the “successful implementation of our SUV strategy and our improved cost positions.”
While the company’s Kodiaq and Karoq crossovers have been a hit with consumers, the Octavia was the top-selling model in 2017. China was the brand’s largest market as it accounted for 325,000 deliveries. It was followed by Germany (173,300), the Czech Republic (95,000) and Great Britain (80,100).
Getting back to the crossovers, Skoda sold nearly 100,000 units of the Kodiaq in its first full sales year. The Karoq was also popular as the company delivered 6,500 units in the final months of last year.