en:company:Annual Report:Sustainable and competitive growth COM/EN

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Thomas Schäfer

The automotive industry is confronted by a complex landscape, defined by both extraordinary challenges and transformative opportunities. We face a crucial year in which we must continue to leverage our strengths as we begin to create a new era of electromobility in Europe.

The arrival of the Electric Urban Car Family marks the beginning of this new chapter. Under the leadership of SEAT & CUPRA, on behalf of the Brand Group Core, these four cars—the CUPRA Raval, Volkswagen ID. Polo, Volkswagen ID. CROSS and Škoda Epiq— are set to deliver both growth for our Group and accessible, sustainable mobility for our customers at scale.

This project has shown us what we can achieve by working together across brands and regions. Over the coming months, we will further deepen this collaboration, exploring synergies, improving operational and cost efficiency and accelerating innovation.

We have a clear goal: to drive the transformation of electromobility in Europe. Thanks to the commitment of everyone at SEAT & CUPRA and across our Brand Group Core, we are getting closer to this objective. And, if we keep on working together like this, the best is yet to come.