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

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, November 10, according to a report by the Financial Associated Press tonight, a person familiar with the matter said that FAW-Volkswagen plans to launch a new energy vehicle brand "at the joint venture level", which may be based on plug-in hybrid technology to cope with the growing domestic plug-in hybrid market.

Reported that FAW-Volkswagen insiders said that "the company does have a plan in this regard, but there is no final result." At the same time, insiders also said that the reason for this plan is that the current domestic plug-in hybrid market has maintained a huge increase.

Figures show that FAW-Volkswagen retail sales in October were 154000, up 12.3% from a year earlier, but most of the sales were contributed by traditional fuel vehicles. FAW-Volkswagen new energy wholesale sales of 9175 vehicles in October, did not break through the 10, 000 mark.

Industry insiders said, "with the shrinking market share of fuel vehicles and the continuation of the 'price war', joint venture brands are having a hard time in the Chinese market." According to the Financial Associated Press reported in August this year, Volkswagen's "Jetta" brand was in talks with zero-running cars, FAW-Volkswagen or "buy" zero-running a certain platform technology.

CTOnews.com previously reported that in the "November launch Forecast of key New cars" issued by the passenger Association earlier this month, the ID.7 VIZZION, FAW-Volkswagen's first pure electric car, is expected to go on sale on November 17, with an estimated price of 180000 yuan.

With a length of 4961mm, a width of 1862mm, a height of 1538 mm and a wheelbase 2966mm, it is larger than Passat and is the largest car in production by Volkswagen. The ID.7 launches a new 282 horsepower motor, which is 81 horsepower higher than the ID.4 motor. It uses a 77kWh battery pack with a nominal WLTP range of 615km and a 86kWh battery pack WLTP with a range of 700km, and a Pro S version with 91kWh batteries will be launched in the future.

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