• Bloomberg

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Volkswagen AG unveiled an electric sport utility vehicle concept to challenge Tesla Inc.’s Model X as part of the auto industry’s largest push into battery-powered vehicles.

The full-size SUV, available from 2021, features rotating lounge seats covered in so-called AppleSkin — an artificial leather made in part from apple juice waste, VW said ahead of the Shanghai auto show. The ID. Roomzz will follow the rollout of an all-electric hatchback and a compact crossover in 2020 as well as battery versions of the Lavida and Bora sedans in China this year.

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