According to German publication Automobilwoche, Volkswagen Group Components (VWGC) has efforts underway to electrify vintage cars.

In reporting that the electrification of vintage cars is being turned into a new business model by VWGC, the publication said that the company will be presenting an electrically-powered version of the Beetle at the forthcoming IAA event.

For the conversion of the Beetle into an electrically-powered car, Volkswagen has entered into a collaboration with German firm eClassics which is based in Renningen near Stuttgart. The cost of the electric Beetle conversion has not yet been announced by VWGC.

The technology used by VWGC for the Beetle electric conversion is the same as the one used in the VW e-Up model. As per the Automobilwoche report, the electric Beetle will be outfitted with a 36.8 kWh lithium-ion battery pack assembled in the VW factory in Braunschweig and a 60 kW electric motor manufactured in Kassel. The driving range of the vehicle will be “more than 200 kilometres,” and its top speed will be 150 km/h.

In reference to the electric Beetle conversion and the plans to electrify vintage cars, VWGC Chief Thomas Schmall said: “We are already working together to prepare the platform for the Bulli. The 356 Porsche is also conceivable as an electric version.”