Car market: VW records significant increase in electric vehicle sales in China
In fully electric and hybrid cars, Volkswagen is struggling with strong competition in China. Now, the Wolfsburg-based company is reporting a significant increase - and setting a new target for itself in China.
Volkswagen has reported a significant increase in sales of new energy vehicles (NEVs) in China, with over 28,000 units sold in October, a 347% rise from the same period last year. This marks a record high for the company. The surge is attributed to the launch of 11 new NEV models this year, with two more expected to be introduced. Volkswagen aims to become one of the top 10 NEV brands in China by 2027, according to Robert Cisek, head of the Volkswagen brand in China.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
