Volkswagen Australia Plans to Expand its Range of Plug-in Hybrid EVs
Are you ready to embrace the hybrid revolution?
Volkswagen Australia is not wasting any time when it comes to embracing electric vehicles. After launching its first plug-in hybrid EV, the Touareg R e-Hybrid, the brand has revealed plans to offer PHEV versions of the Golf hatchback, the new-generation Tiguan mid-size SUV, and the all-new Tayron seven-seater SUV. Let’s take a closer look at what these future offerings have in store.
Volkswagen Australia recently introduced its first plug-in hybrid EV, the Touareg R e-Hybrid, which is the brand’s most powerful and fuel-efficient vehicle in the country. However, the brand is already looking ahead and planning to expand its range of electrified offerings. Ralph Beckmann, the general manager of marketing and product for VW Australia passenger vehicles, revealed that the Golf hatchback and the new-generation Tiguan mid-size SUV are likely candidates for PHEV versions. He also hinted at another mystery model joining the family.
The introduction of these PHEV options is part of Volkswagen’s strategy to make plug-in technology more accessible and affordable for buyers. While the Touareg R carries a hefty price tag of $129,990, the brand is aware that not everyone can afford such a high-priced SUV. By introducing PHEV versions of the Golf and Tiguan, Volkswagen aims to lower the entry point for plug-in technology.
The demand for PHEV models is currently on the rise due to the Fringe Benefits Tax (FBT) exemption, which expires on March 31, 2025. However, none of the upcoming PHEV models from Volkswagen will be able to take advantage of this tax break. Despite the limited EV-only driving range and the additional cost compared to traditional internal combustion engine (ICE) models, the brand believes that PHEVs have an important role to play in the market.
The timing for the release of these PHEV models is also influenced by the Electric Car Discount scheme, which expires before the new Golf and Tiguan models are expected to launch. Mr. Beckmann stated that it would make more sense to introduce PHEV versions with a new model change, rather than trying to retrofit them into outgoing models. As a result, the Tiguan 3 (third generation) range is the most likely candidate for a PHEV variant, expected in March 2024.
Daniel DeGasperi, the product and PR communications manager, highlighted that Volkswagen Australia now has more options thanks to the New Vehicle Emissions Scheme (NVES). The NVES allows the brand to choose from a larger pool of EV and PHEV models, providing more opportunities for production and product offerings. While the exact details and pricing premiums are yet to be announced, it is expected that plug-in hybrids will sit higher up the range, following the example of Cupra, Volkswagen’s performance brand.
The Cupra Leon VZe plug-in hybrid hatch, which comes with a notable price premium of $15,000 compared to the base model Leon V petrol, demonstrates this positioning. The Formentor mid-size SUV also offers a PHEV variant, the VZe, which comes at a higher price point than the base grade.
In conclusion, Volkswagen Australia is committed to expanding its range of plug-in hybrid EVs. With plans to introduce PHEV versions of the Golf, Tiguan, and Tayron, the brand aims to make plug-in technology more accessible and affordable for Australian buyers. While challenges lie in timing the releases to align with tax breaks and model changes, Volkswagen is determined to provide options that cater to different budgets and driving needs.
So, are you ready to embrace the hybrid revolution? Will the upcoming PHEV options from Volkswagen meet your expectations and needs?
- Volkswagen Australia plans to introduce PHEV versions of the Golf, Tiguan, and Tayron
- The Touareg R e-Hybrid is the brand’s first PHEV model
- Volkswagen aims to make plug-in technology more accessible with budget-friendly price points
- The Fringe Benefits Tax exemption deadline poses challenges for the release timing
- The NVES allows Volkswagen access to a larger pool of EV and PHEV models
Volkswagen Australia’s plans to expand its range of plug-in hybrid EVs reflect the brand’s commitment to embracing the electric revolution. With the introduction of PHEV versions of the Golf, Tiguan, and Tayron, Volkswagen aims to make plug-in technology more accessible and cater to various budgets. While challenges related to tax breaks and timing exist, the brand is determined to provide options that meet the needs of Australian buyers. So, get ready to join the hybrid revolution and embrace the future of eco-friendly driving!