Škoda’s New EV Will Likely Be Its Most Expensive Yet

Article excerpt

Škoda is preparing to launch the Peaq this summer, a seven-seat flagship electric vehicle that marks an ambitious step upmarket for the Czech automaker. The model features what the company describes as an intriguing design and will command a premium price, likely the highest Škoda has ever charged for an EV. The Peaq represents the automaker's bid to compete in the lucrative family EV segment against established players like Tesla and traditional luxury brands pivoting to electric vehicles.