logo
Hot new Skoda Elroq vRS to be revealed next week

Hot new Skoda Elroq vRS to be revealed next week

Yahoo31-03-2025
Bright paint and more aggressive styling will mark the hot Elroq out
Skoda will reveal the new Elroq vRS next week as the second electric car from its sporting sub-brand - and it's set to be one of the company's most powerful cars yet.
To be unwrapped next Thursday morning (3 April) before a public debut at the Milan Deign Week a few days later, the Skoda Elroq vRS will be the latest entrant into a growing class of sporting electric crossovers, going up against the likes of the Mini Aceman JCW, Alfa Romeo Junior Elettrica Veloce and Abarth 600e.
The Czech firm has released a preview image that confirms the "most dynamic Elroq model" will be available in the vRS sub-brand's trademark Hyper Green paint and said it will be further marked out from the standard car by a raft of contrasting black trim elements.
No technical details have been given yet, but the Elroq is closely related to the Volkswagen ID 3 and Cupra Born, so the vRS version is likely to use the same powertrain components as the hot versions of those cars.
The Cupra Born VZ and Volkswagen ID 3 GTX are both equipped with the Volkswagen Group's new 'AP550' motor on the rear axle, providing up to 322bhp. That figure would make the Elroq vRS only very slightly less powerful than the dual-motor, 335bhp Skoda Enyaq vRS.
The rear-driven Born and ID 3 range-toppers can hit 62mph from rest in as little as 5.6sec, and while the slightly taller and longer Elroq is unlikely to quite match that, it could still come in at under 6.0sec to outpace the ICE Skoda Octavia vRS.
The fastest Elroq will be the fourth vRS model in Skoda's line-up, joining similarly conceived range-toppers for the Octavia, Enyaq and Kodiaq.
Skoda hasn't shared any official plans for more fast models beyond the Elroq, but CEO Klaus Zellmer recently told Autocar that vRS will remain an important part of its business.
"This is something that is our DNA," he said of the 24-year-old sub-brand. "We will keep it and you can't neglect that. You cannot get rid of that."
Another possible addition to the portfolio is a warmed-up version of the upcoming Skoda Epiq electric supermini, which would no doubt share its innards with the planned Volkswagen ID 2 GTI.
]]>
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

VW Group Singapore and FOMO Pay add customer digital currency capabilities
VW Group Singapore and FOMO Pay add customer digital currency capabilities

Yahoo

time21 hours ago

  • Yahoo

VW Group Singapore and FOMO Pay add customer digital currency capabilities

Volkswagen Group Singapore (VGS) has announced a partnership with a leading Singapore-headquartered major payment institution, FOMO Pay, to enable digital currency payments for its vehicles and services. VW customers in Singapore can now pay using digital assets such as Bitcoin (BTC), Ethereum (ETH), and stablecoins including USDT, USDC, and more. The move by VGS is in response to the growing adoption of digital currencies among consumers in Singapore, with recent data showing that 26% of residents now own digital assets. As consumers increasingly seek faster and more cost-effective payment methods, digital currencies are gaining traction not only for their speed and enhanced security, but also global interoperability and lower transaction costs. DPT transactions per customer are subject to a daily cap of SGD 4,500, with a maximum of SGD 13,500 based on smurfing limits. "An increasing number of consumers today are digital natives. They expect speed and convenience across all touchpoints, including how they pay," said Dr. Kurt Leitner, Managing Director of Volkswagen Group Singapore. "Our partnership with FOMO Pay aligns with our broader vision of delivering premium experiences powered by technology and innovation." FOMO Pay fuels digital currency payment acceptance With FOMO Pay's digital asset payment infrastructure, VGS now supports digital currency payments for partial payments on new vehicle purchases, as well as aftersales services. All transactions are processed securely through FOMO Pay's enterprise-grade gateway, ensuring compliance, transparency, and real-time exchange rates at the point of payment. "FOMO Pay is excited to partner Volkswagen Group Singapore in elevating their consumer payment experience," said Rose Wang, Head of Digital Payments at FOMO Pay. "As Singapore advances toward becoming a smart financial center, we believe digital assets will continue to play an important role in improving customer experience. At FOMO Pay, we remain committed to delivering a full suite of payment solutions, from digital currencies to fiat, and from online channels to offline channels. These payment solutions aim to empower businesses and enhance customer experiences." Volkswagen Group Singapore is a subsidiary of Porsche Holding Salzburg, which is fully owned by the Volkswagen Group. The company's portfolio includes Volkswagen Passenger Cars, Volkswagen Commercial Vehicles, ŠKODA, CUPRA and Das WeltAuto — Volkswagen Group Singapore' certified pre-owned car programme. Volkswagen Group Singapore imports and retails Volkswagen, Volkswagen Commercial Vehicles, Škoda and CUPRA vehicles directly. "VW Group Singapore and FOMO Pay add customer digital currency capabilities" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

XPENG and the Volkswagen Group Announce Entry into Agreement on Expanding E/E Architecture Technical Collaboration
XPENG and the Volkswagen Group Announce Entry into Agreement on Expanding E/E Architecture Technical Collaboration

Yahoo

timea day ago

  • Yahoo

XPENG and the Volkswagen Group Announce Entry into Agreement on Expanding E/E Architecture Technical Collaboration

The industry-leading Electrical/Electronic architecture ('E/E Architecture') jointly developed by both parties will be not only integrated into Volkswagen's electric vehicle platforms, but also deployed across its ICE and PHEV platforms in China, thereby significantly expanding the strategic technical collaboration to broader markets. This Expanded Technical Collaboration on E/E Architecture marks another milestone in the long-term strategic partnership between XPENG and Volkswagen Group, driving continuous strategic value creation for both parties. GUANGZHOU, China, Aug. 15, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. ('XPENG' or the 'Company', NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world's leading automobile manufacturers, are pleased to announce that, following the execution of Master Agreement on E/E Architecture Technical Collaboration on July 22, 2024, XPENG and the Volkswagen Group have accelerated the joint development of the industry-leading E/E Architecture at "China Speed" and achieved key milestones. Based on the shared strategic objective to expand the application scope of the E/E Architecture within the Volkswagen Group and realize cross-platform and cross-powertrain platformization, both parties have entered into an Agreement on Expanding E/E Architecture Technical Collaboration ("Expanded Technical Collaboration"). The signing of this agreement marks that the E/E Architecture will be not only integrated into Volkswagen's electric vehicle platforms, but also deployed across its ICE (Internal Combustion Engine) and PHEV (Plug-in Hybrid Electric Vehicle) platforms in China, thereby significantly expanding the strategic technical collaboration to broader markets. The Expanded Technical Collaboration will further accelerate the Volkswagen Group's software-defined vehicle strategy execution and enhance its global competitiveness. Such cross-platform and cross-powertrain platformization of the E/E Architecture will enable the Volkswagen Group to achieve faster software iteration and Over-the-Air ("OTA") updates, and significantly shorten vehicle development cycle. Adhering to rigorous platform-oriented design philosophy, the joint R&D teams have designed and validated that the E/E Architecture developed for electric vehicle platforms can also be adapted to ICE and PHEV platforms. This technical solution represents a major milestone in joint technical collaboration, demonstrating the synergy and strategic value of the long-term partnership between both parties. The Expanded Technical Collaboration will significantly expand the scale of vehicles equipped with this industry leading E/E Architecture in China market, enabling the Volkswagen Group to realize significant platform-driven economies of scale and enhanced product competitiveness. "The Expanded Technical Collaboration marks a significant milestone in the ongoing strategic collaboration between XPENG and the Volkswagen Group, following the signing of the Master Agreement on E/E Architecture Technical Collaboration on July 22, 2024. This Expanded Technical Collaboration not only underscores the mutual trust in our long-term strategic partnership but also highlights our commitment to and vision for continuous innovation in smart electric vehicle technologies," said Mr. Xiaopeng He, Chairman and CEO of XPENG. Ralf Brandstätter, CEO of Volkswagen Group China and Member of the Board of Management of Volkswagen AG for China: 'We do not confine technological excellence to a single powertrain type. Our brands are committed to delivering the most advanced solutions for customers in every segment. By extending the China Electronic Architecture to our robust combustion engine fleet, we are strengthening our technological leadership in the conventional powertrain sector. At the same time, we are systematically reducing our cost base, enabling us to continue offering highly attractive choices to customers in China's intensely competitive automotive market. This will reinforce the company's economic resilience, create capacity for targeted investment in cutting-edge innovations, and advance our journey toward fully connected, intelligent electric mobility.' About XPENG XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to become a smart technology company trusted and loved by users worldwide. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including the powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company's Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit About the Volkswagen Group The Volkswagen Group is one of the world's leading car makers, headquartered in Wolfsburg, Germany. It operates globally, with 115 production facilities in 17 European countries and 10 countries in the Americas, Asia and Africa. With around 680,000 employees worldwide. The Group's vehicles are sold in over 150 countries. With an unrivalled portfolio of strong global brands, leading technologies at scale, innovative ideas to tap into future profit pools and an entrepreneurial leadership team, the Volkswagen Group is committed to shaping the future of mobility through investments in electric and autonomous driving vehicles, digitalization and sustainability. In 2024, the total number of vehicles delivered to customers by the Group globally was 9.0 million (2023: 9.2 million). Group sales revenue in 2024 totaled EUR 324.6 billion (2023: EUR 322.3 billion). The operating result before special items in 2024 amounted to EUR 19.1 billion (2023: EUR 22.5 billion). Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates' and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goals and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the SEC. All information provided in this press release is as of the date of this press release, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Contacts:For Investor Enquiries:IR DepartmentXPeng ir@ Jenny CaiPiacente Financial CommunicationsTel: +1 212 481 2050 / +86 10 6508 0677Email: xpeng@ For Media Enquiries:PR DepartmentXPeng pr@ Source: XPeng l'accesso per consultare il tuo portafoglio

XPeng, Volkswagen enter agreement to expand architecture technical collaboration
XPeng, Volkswagen enter agreement to expand architecture technical collaboration

Business Insider

timea day ago

  • Business Insider

XPeng, Volkswagen enter agreement to expand architecture technical collaboration

XPeng Inc. (XPEV), a Chinese smart electric vehicle company, and the Volkswagen Group (VWAGY) are pleased to announce that, following the execution of Master Agreement on E/E Architecture Technical Collaboration on July 22, 2024, XPENG and the Volkswagen Group have accelerated the joint development of the industry-leading E/E Architecture at 'China Speed' and achieved key milestones. Based on the shared strategic objective to expand the application scope of the E/E Architecture within the Volkswagen Group and realize cross-platform and cross-powertrain platformization, both parties have entered into an Agreement on Expanding E/E Architecture Technical Collaboration. The signing of this agreement marks that the E/E Architecture will be not only integrated into Volkswagen's electric vehicle platforms, but also deployed across its ICE (Internal Combustion Engine) and PHEV (Plug-in Hybrid Electric Vehicle) platforms in China, thereby significantly expanding the strategic technical collaboration to broader markets. The Expanded Technical Collaboration will further accelerate the Volkswagen Group's software-defined vehicle strategy execution and enhance its global competitiveness. Such cross-platform and cross-powertrain platformization of the E/E Architecture will enable the Volkswagen Group to achieve faster software iteration and Over-the-Air updates, and significantly shorten vehicle development cycle. Elevate Your Investing Strategy:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store