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Volkswagen Says 50% of China Sales will be NEVs by 2035

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【Summary】By 2035 half of Volkswagen’s sales in China will be new energy vehicles (NEVs), the automaker's CEO Herbert Diess told a conference in Boao, China, on Tuesday.

FutureCar Staff    Jul 02, 2019 12:00 PM PT
Volkswagen Says 50% of China Sales will be NEVs by 2035

BEIJING (Reuters) - By 2035 half of Volkswagen's sales in China will be new energy vehicles (NEVs), CEO Herbert Diess told a conference in Boao, China, on Tuesday, according to a company statement.

Volkswagen intends to offer 14 electrified models in China this year. By 2028, more than half of the Group's planned 22 million electric cars will be produced in China, the statement added.

Volkswagen previously said it aimed to sell 400,000 NEVs in China next year and to sell around 1.5 million new energy vehicles in China in 2025.

The automaker recently announced plans to build two automotive plants in China. These plants will focus on manufacturing a total of 600,000 vehicles that will be built on the automaker's dedicated "MEB" battery-car platform.

Volkswagen has joint ventures in China with FAW Group, SAIC Motor and JAC.

resource from: Reuters

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