BEIJING – Volkswagen plans to sell more electric cars in China than anywhere else in the world in 5-10 years, according to Dr. Herbert Diess, member of the Board of Management of Volkswagen AG and Chairman of the Volkswagen Passenger Cars brand.
Diess made the comments at Volkswagen brand’s press conference at the start of Auto China 2016 on April 25 in Beijing, where the brand unveiled the Phideon flagship from SAIC-Volkswagen, the New Magotan from FAW-Volkswagen and the T-Prime Concept GTE plug-in hybrid SUV.
“Already today, China is the world’s biggest and most relevant market for electric cars. That is why we will make China our leading market for innovation,” said Diess. “In the next four years, our brand will launch seven locally produced new energy vehicles, both plug-ins and all-electric cars.”
Each of those vehicles will be made in China at Volkswagen’s two joint ventures and a new design and development center in China is also planned.
Diess added that Volkswagen will be rolling out entirely new vehicle architecture for the new generation of all electric and all connected cars and Chinese requirements will be fundamental for defining this new generation.
Prof. Dr. Jochem Heizmann, member of the Board of Management of Volkswagen AG and President and CEO of Volkswagen Group China, said at the press conference that Volkswagen views China as an incubator for innovation, new technologies and as a source of solutions that can be transferred to the world.
“At Volkswagen, we are committed and connected to China and the Chinese people,” said Heizmann. “I’m proud to announce that Beijing will soon be home to one of just three global Volkswagen Future Centers, where designers and digital experts will work hand in hand of the car of the future.” The Future Center Asia will have two sister facilities located in Potsdam, Germany and California.
Volkswagen Group sold 955,500 vehicles in China in the first quarter of 2016, including more than 700,000 units of the namesake brand, representing a new first quarter sales record. It is investing, together with its JV partners, more than €4 billion in China in 2016.