SHANGHAI -- Volkswagen AG believes its new I.D. CROZZ crossover will deliver a sizeable share of the 1 million electric vehicles a year it hopes to sell.
The electric SUV, unveiled as a concept last week at the Shanghai auto show, will be the third member of Volkswagen's new I.D. family of electric vehicles to be based on what it calls the Modular Electric Drive Matrix.
The I.D. CROZZ will go into production in 2020, VW brand boss Herbert Diess said at its Shanghai debut.
Volkswagen expects sales of the model to increase rapidly.
"By 2025, we want to boost annual sales of electric vehicles to 1 million units," Diess said. "The I.D. CROZZ will play a key role in that."
The all-wheel-drive I.D. CROZZ has a drivetrain that produces 302 hp. Its top speed is 112 mph and its range is 311 miles on the New European Driving Cycle mileage system. Tougher U.S. EPA-rated range numbers would likely come in somewhat lower.
The I.D. battery can be charged to 80 percent of its energy capacity in 30 minutes using a fast-charging system, according to VW.
The concept has an autopilot that switches to fully autonomous mode when the driver touches the VW badge on the steering wheel for three seconds. VW did not say if this feature will make it into production.
VW wants to get the first of its I.D. electric cars on sale in 2020 to achieve CO2 reduction targets required in Europe and China. The brand has so far shown two other I.D. concepts -- the I.D. hatchback at the Paris auto show in October, and the I.D. BUZZ minivan in January at the Detroit auto show.