Skoda has revealed the Peaq, its first seven-seat all-electric SUV and the most expensive car in the Czech automaker’s 130-year history. Built on the Volkswagen Group’s MEB platform at Skoda’s home plant in Mladá Boleslav, the Peaq stretches nearly 4.9 metres long and is designed to compete directly with the Kia EV9, Hyundai Ioniq 9, and Volvo EX90. The difference is price, with Skoda targeting a starting point of around €50,000 to €55,000, compared to roughly €66,000 for the EV9 and €70,000 for the Ioniq 9.

The lineup will launch with three variants. The Peaq 60 pairs a 150kW rear motor with a 63kWh battery for more than 460km of WLTP range, while the Peaq 90 steps up to a 210kW motor and a 91kWh pack for over 600km. The range-topping Peaq 90x adds a second motor for all-wheel drive and 220kW of total output, keeping the same 91kWh battery and 600km-plus range.

All three variants support DC fast charging at up to 200kW, which Skoda says will take the battery from 10 to 80 percent in approximately 28 minutes. The Peaq also supports bidirectional charging, meaning it can feed power back to a home through the VW Group’s Moon Power Ambibox DC wallbox. Vehicle-to-load capability is included as well, letting owners run external devices directly from the car’s battery.

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Inside, the third row folds flat to open up 890 litres of boot space. Options include a Sonos sound system, a panoramic glass roof, and massaging front seats. The design follows Skoda’s Modern Solid language, which debuted with the Vision 7S concept that previewed the Peaq’s shape back in 2022.

Skoda confirmed the Peaq name in January 2026 and showed a near-production version on March 30. The world premiere is set for June 23 in Monnetier-Mornex, France, with deliveries expected from mid-2026. Production will run alongside the Enyaq at Mladá Boleslav, making the Peaq the second MEB-based model built at the plant.

The pricing strategy is the Peaq’s sharpest weapon. Skoda has historically positioned itself as the VW Group’s value brand, and the Peaq extends that logic into the seven-seat EV segment where competitors have priced themselves into premium territory. The Kia EV9 starts at roughly €66,000 in Europe, the Hyundai Ioniq 9 at around €70,000, and the Volvo EX90 higher still.

That positioning matters at a time when tariffs and trade barriers are reshaping which EVs are available in which markets. A seven-seat electric SUV starting under €55,000 from a European manufacturer built in Europe avoids the import exposure that has forced several Korean and American models out of certain markets or into higher price brackets.

The Peaq also arrives into a segment that is still thin on options. The Peugeot E-5008 offers seven seats at a lower price but with less range and a smaller footprint. Above the Peaq, the choices jump quickly into luxury pricing. Skoda is betting that families shopping for a large EV want the space and capability of a premium model without the premium itself, and the Peaq’s spec sheet suggests it can deliver that.