Volkswagen believes it could sell as many as 500,000 examples of the ID.4 annually.

The German car manufacturer is readying itself for the global launch of the long-awaited ID.4 and recently published an internal interview with VW chief executive Ralf Brandstätter and member of the board of management responsible for e-mobility, Thomas Ulbrich.

In the interview, the executives discussed the ID.4 and the company’s electrified future. When asked why the ID.4 will be built in Europe, China, and the U.S., Brandstätter stated the automaker intends to build 1.5 million electric vehicles by 2025 with up to one-third of them being ID.4s.

Read Also: VW ID.4 Electric SUV Starts Shaping Up For American Market

“Volkswagen wants to become the world market leader in e-mobility – but that won’t happen by itself. The Volkswagen brand is therefore investing around €11 billion by 2024,” he stated.

“As a compact SUV, the ID.4 has, in our view, the best prerequisites for being successful in a large scale in all important markets. We therefore expect the Volkswagen brand to produce a total of 1.5 million e-cars per year by 2025. And the ID.4 is likely to account for around a third of this. The ID.4 will thus become the driving force behind our reorientation a hundred thousand times over.”

Ulbrich expanded on this by stating that thanks to the global rollout of the automaker’s MEB platform, VW plans to have built roughly 20 million vehicles on the platform by 2029. The VW ID.4 will celebrate its global debut on September 23 and, in a recent teaser video, the company revealed it will be able to tow up to 1,900 kg (4,200 lbs).