VW targets China comeback as first model with Xpeng starts mass production

Volkswagen targets its China comeback

Volkswagen said today it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng, as the German carmaker targets a comeback in China with more than 20 new models to be launched this year.

Volkswagen partners with Chinese EV firm Xpeng

Volkswagen began production of its new EV, jointly manufactured with China’s Xpeng, as it seeks to turn its fortunes around after a tough year that saw it lose major market share in China. The German car giant reported a 44% year-on-year fall in profits and said it would cut 50,000 jobs, after being badly hit by competition from Chinese firms such as Geely and BYD. The latter is the top-selling brand in China, while VW, the market leader in the …

VW targets China comeback as first model with Xpeng starts mass production

Volkswagen said on Friday it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng , as the German ​carmaker targets a comeback in China with more than 20 new models ‌to be launched this year.

Milestone of “In China, for China”-strategy: First car developed jointly by Volkswagen and XPENG rolls off the production line

The Volkswagen Group is rapidly advancing the implementation of its “In China, for China” strategy and the accelerated electrification of its product portfolio: In Hefei, eastern China, series production has begun of the ID.UNYX 08, Volkswagen's first fully connected, all-electric full-size SUV for the Chinese market. The vehicle is a joint development with Chinese manufacturer NEV XPENG and reached series production maturity in just 24 months a…