How VW is reinventing its iconic bus with the electric ID Buzz

After a 20-year hiatus, Americans are getting a chance to experience the Volkswagen Type 2 bus again. The ID Buzz is VW's electric play on its iconic bus. First introduced by VW in 1950, the automaker delivered nearly 1 million models in the states and over 19 million buses globally. Presales have started in Europe and the company says that by 2024, North American dealerships can start expecting arrivals. CNBC dives into the evolution of the Type 2 bus from 1950 through today.