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VW delays production start of the electric car "Trinity"

(dpa/fn) Trinity, once the prestige project of former VW CEO Diess, is delayed. The groundbreaking electric car will still take a few years to arrive.

Oliver Blume, Chairman of the Board of Management of Volkswagen AG, speaks at the annual press conference of the Volkswagen Group. CEO Blume explains the 2023 results for VW and provides an outlook for 2024 for Europe's largest automaker. Volkswagen is now postponing the production of the electric car Trinity. (Photo: Michael Kappeler/dpa)
Oliver Blume, Chairman of the Board of Management of Volkswagen AG, speaks at the annual press conference of the Volkswagen Group. CEO Blume explains the 2023 results for VW and provides an outlook for 2024 for Europe's largest automaker. Volkswagen is now postponing the production of the electric car Trinity. (Photo: Michael Kappeler/dpa)
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von Franziska Neuner

At Volkswagen, the production start of the electric car Trinity is delayed. The future model is now expected to be built at the earliest from 2030, according to company sources.

Originally, the car was supposed to hit the market in 2026. However, CEO Oliver Blume had already postponed the start by at least a year and a half shortly after taking office, to allow more time for software development. Previously, the "Handelsblatt" had reported.

Several Reasons for Delays

The reasons for the delays are likely the weak demand for electric cars and cost-saving measures at VW. The group's profit fell by four percent in the second quarter to 3.63 billion euros. Blume said at the beginning of the month:

"Now it’s about costs, costs, and costs. Especially for the Volkswagen brand, but also for all other brands."

Production site Zwickau to take over manufacturing

Trinity was the flagship project of former VW CEO Herbert Diess, who wanted the car to be built in its own plant in Wolfsburg. Now, however, the model is to be produced in Zwickau, VW's e-car pioneer.

This would make the site, where around 10,000 people work, the first to use the new SSP platform. Recently, VW had cut a shift at the plant.

Translated automatically from German.
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