Skoda is a Czech car brand that belongs to the Volkswagen Group. It is known for its affordable, practical, and reliable vehicles. But in recent years, Skoda has also become a leader in the electric car market, especially in Germany. In 2023, Skoda increased new registrations in Germany by more than 17 percent and achieved one of the highest market shares in the company’s history. How did Skoda manage to do that? What are the secrets behind its success? And what are the challenges and opportunities ahead? This article will explore these questions and more.
Skoda’s Electric Car Strategy
Skoda’s electric car strategy is based on three pillars: innovation, differentiation, and customer orientation. Skoda aims to offer innovative products that meet its customers' needs and expectations while differentiating itself from its competitors. Skoda leverages the synergies and resources of the Volkswagen Group but also adds its own identity and value proposition to its electric cars.
Skoda’s electric car portfolio consists of two main segments: battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs). Skoda’s BEVs are based on the modular electric drive toolkit (MEB) platform, which is shared with other Volkswagen Group brands. Skoda’s PHEVs are based on the modular transverse toolkit (MQB) platform used for its conventional models.
Skoda’s first BEV was the Skoda Citigo-e iV, which was launched in 2019. It is a small city car that offers a range of up to 260 km (162 miles) and a price of around $23,000. Skoda’s second BEV was the Skoda Enyaq iV, which was launched in 2020. It is a mid-sized SUV that offers a range of up to 536 km (333 miles) and a price of around $40,000. Skoda’s third BEV was the Skoda Enyaq Coupe iV, which was launched in 2021. It is a coupe version of the Enyaq iV with a more sporty and aerodynamic design. Skoda’s fourth BEV was the Skoda Octavia iV, which was launched in 2021. It is a compact sedan that offers a range of up to 600 km (373 miles) and a price of around $35,000.
Skoda’s first PHEV was the Skoda Superb iV, which was launched in 2019. It is a large sedan that offers a range of up to 930 km (578 miles) and a price of around $45,000. Skoda’s second PHEV was the Skoda Octavia iV, which was launched in 2020. It is a compact sedan that offers a range of up to 880 km (547 miles) and a price of around $37,000. Skoda’s third PHEV was the Skoda Octavia RS iV, which was launched in 2020. It is a high-performance version of the Octavia iV, with a more powerful engine and a sportier look. Skoda’s fourth PHEV was the Skoda Superb Scout iV, which was launched in 2021. It is a crossover version of the Superb iV, with a more rugged and adventurous style.
Skoda’s Electric Car Performance
Skoda’s electric car performance has been impressive, especially in Germany. In 2023, Skoda sold 86,649 electric cars in Germany, a 171 percent increase compared to 2022. Skoda’s market share of electric cars in Germany was 31.7 percent, which was one of the highest in the country. Skoda’s electric car sales accounted for 37 percent of its total car sales in Germany, which was also one of the highest in the industry.
Skoda’s electric car performance was driven by several factors, such as:
- The strong demand for electric cars in Germany, which was stimulated by the government’s incentives, regulations, and infrastructure. Germany is the largest electric car market in Europe, with 101,201 electric cars sold in August 2023, which was a 78 percent increase compared to 2022. Germany’s electric car market share was 37 percent, which was the highest in the continent.
- The high quality and attractiveness of Skoda’s electric cars, which were praised by customers and critics alike. Skoda’s electric cars received several awards and recognitions, such as the Car of the Year 2021 for the Enyaq iV, the Green Car of the Year 2021 for the Octavia iV, and the Golden Steering Wheel 2021 for the Enyaq Coupe iV.
- The competitive pricing and value proposition of Skoda’s electric cars, which offered a good balance between performance, features, and affordability. Skoda’s electric cars were cheaper than most of their rivals, but also offered more range, space, and functionality. Skoda’s electric cars also benefited from the Volkswagen Group’s economies of scale, technology, and network.
- The effective marketing and communication of Skoda’s electric cars, which raised awareness and interest among potential customers. Skoda’s electric car campaign was based on the slogan “Simply Clever”, which highlighted the smart and practical solutions that Skoda’s electric cars offered. Skoda also used various channels and formats to showcase its electric cars, such as online platforms, social media, events, and partnerships.