Volkswagen Launches China-Developed EVs to Compete in Chinese Market
Volkswagen is launching three new electric vehicle models in mainland China, leveraging technology from Chinese manufacturers. This strategy aims to counter fierce competition as international brands struggle in China’s massive auto market.
German automotive giant Volkswagen will launch three new electric vehicle (EV) models in mainland China over the next two weeks, developed using technology from Chinese firms. The move comes at a time when international marques are struggling on the mainland amid fierce competition in the world’s largest car market. As the largest foreign carmaker in China, Volkswagen previously said that it would integrate Germany’s high manufacturing standards with technology developed by Chinese firms. “We...