Volkswagen AG ( VLKAF ) reportedly delayed the launch of its new ID.4 models from the next-generation Trinity EV project to the early 2030s.

The move is part of a broader reshuffling of plans for the delayed program, reported Reuters.

The report noted that the project, originally scheduled for a 2026 launch, was postponed due to software issues at the Cariad subsidiary, which has been facing difficulties.

To address the delay, the carmaker has developed a new version of its existing MEB platform and plans to release an updated ID.4 model in 2026.

Volkswagen ( VLKAF ) was set to release the new ID.4 and another electric SUV under the Trinity project using the SSP platform, designed by former CEO Herbert Diess to unify the group’s EV platforms.

According to the report, in an internal document presented to the board, executives decided to delay the release of a larger vehicle on the SSP platform, opting to push back the launch of the new ID.4 and SUV to the early 2030s.

An electric Golf on the SSP platform will still debut later this decade. Reuters could not verify the document. Handelsblatt reported Volkswagen ( VLKAF ) is delaying new models due to weak electric car demand and cost-cutting efforts.

Trinity, one of several projects initiated under Diess, has been restructured by his successor Oliver Blume, to simplify Volkswagen’s production network for the electric transition.

Read: South Korea Considers Mandatory EV Battery Brand Disclosure Amid Rising Safety Concerns And Fire Incidents

Recently, the company stated at its results conference that substantial cost reductions and a decrease in production capacity are necessary to improve margins.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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