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30 05 2018 02

The Volkswagen corporation has opened three new EV factories in China with their partner FAW. The first factory in Qingdao was opened yesterday. The other two in Foshan and Tianjin will follow in June and August.

Volkswagen is planning to locally produce another 40 BEV and PHEV vehicle models for the Chinese market by 2025. By then, they also plan to be selling an annual 1.5 million EVs. 15 of the new vehicle models will be offered by 2020 on the new MQB platform, before the EVs of the next decade will be designed on the MEB platform. The investment sum that Volkswagen has been paying has also recently been increased, as the company announced the plan at the Beijing Motor Show to invest another 15 billion euro in EVs, autonomous driving, digitalization and new mobility services in China with their joint venture partners SAIC, FAW and JAC by 2022.

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