Volkswagen’s two joint ventures in China to produce electric cars in 2014

Article by Christian Andrei, on February 15, 2012

The two joint ventures of Volkswagen in China intend to begin manufacturing electric automobiles in 2014 and plan to boost mass production by 2018, according to the president and chief executive of Volkswagen's China operations, Karl-Thomas Neuman. Initial EV output at FAW Volkswagen and Shanghai Volkswagen was estimated at a few thousand cars, increasing to 100,000 by 2018, Neumann revealed in an EU-China business convention in Beijing.

So far, electronic vehicles have been limited by the expensive batteries as well as the lack of economies of scale and models that appeal to vehicle buyers.

However, Neumann said they were needed in order to lower China's pollution and dependence on oil. He said he is convinced that e-vehicles will be "a success" in China because he thinks "it is desperately needed." He further stated that Volkswagen, which has partnerships with FAW Group and SAIC Motor Corp in China, would introduce its first plug-in hybrid in the country in 2015. 

Each of the joint ventures of Volkswagen would develop its own EV, Neumann disclosed. He did not provide details on whether the 100,000 EV output intended for 2018 was for each partnership or a combined target.

The central government has made the electric vehicle industry its top priority, allocating $1.5 billion annually for the next 10 years to be one of the leading suppliers of clean automobiles.

It has named 25 cities including Hangzhou, Beijing, Shenzhen and Shanghai to lead the movement to green cars. However, demand for electronic automobiles has been held back by a lack of models, high sticker prices, safety concerns and limited charging facilities. [source: Autonews]

Topics: vw, china

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Remember Zenos Cars, a British carmaker that specializes in designing and building lightweight and high-performance sports cars? If you are wondering how the company is faring with their E10 lightweight...
by - January 21, 2017
Mercedes-Benz has revealed that in 2017, its series 124 coupé will be celebrating its 30th anniversary. While this itself is a significant event, it will also mean that this model...
by - January 21, 2017
BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Amazon is now moving beyond the four corners of online retailing. Only recently, the retail giant has been awarded a patent for its Road Network system. Since the patented technology...
by - January 20, 2017
The newest version of the Lamborghini Huracan is not a Superleggera, but a Performante. When Lamborghini filed for a patent for a new name, there were still debates whether this...
by - January 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries