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Volkswagen China CEO: to launch more Electric vehicles in China

2025-01-31 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

On January 17, Ralf Brandstaetter, president and CEO of Volkswagen China, said Monday that the company hopes to add both high-end and low-end models to the Chinese market. He called China's fast-paced competitive market "the huge fitness center of the automobile industry".

Volkswagen has long dominated China's fuel car market, but it lags behind competitors such as BYD in the electric car market. Data show that BYD sold 40046 electric vehicles between January 1 and 8 this year, while Volkswagen sold 1962 electric vehicles in the same period.

"We don't want to give up this competition, we want to participate," Berred said at a media round table. " Asked whether Volkswagen still aspires to continue to be the largest foreign carmaker in the Chinese market in the electric era, Berred said: "We want to play a leading role."... the whole industry is reshuffling. "

Volkswagen aims to accelerate the launch of new models from the current four years to an average of 2.5 years for its Chinese counterparts, in part by further localizing car research and development in the Chinese market.

"because of our quality standards, we give ourselves more time, but in fact we can do it faster," Berred said. "

The company plans to launch a high-end model, the ID.7, in China, as well as a new model lower than the ID.4, which could be a smaller sedan or SUV, but not the ID.2, an entry-level model planned for the European market, Baird said.

Berred believes that part of the reason for the rapid growth of China's electric car market is that electricity prices are cheaper, and the charging cost of an ID.4 in Germany is nearly five times that of China.

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