Volkswagen Group is planning to launch 10 electric and plug-in hybrid models in China by 2018 as it bids to further penetrate the country. The group recently rolled out the Porsche Panamera S E-Hybrid in China, to be followed by two electric cars, the Volkswagen Up and e-Golf.
Volkswagen is also intending to launch two other plug-in hybrids in China in 2015 -- the Audi A3 e-tron and the Volkswagen Golf GTE.
All of them will be shipped from Germany. In the next year, VW China will launch plug-in hybrid versions of the Audi A6 and a "new mid-size limousine" suited for the Chinese market, both of which will be produced by VW’s joint ventures with China FAW Group Corp. and SAIC Motor Corp.
The group will also introduce a Bentley plug-in hybrid in China. The country’s central government is offering incentives of up to CHY57,000 ($9,200) for an electric car, and CHY33,250 for a plug-in hybrid. On the other hand, conventional hybrids are not eligible for the incentives.
VW Group posted a 15-percent rise in sales In China in the first quarter of 2014 to 880,700 vehicles. It is targeting to sell 3.5 million vehicles this year. [source: automotive news - sub. required]