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Volkswagen able to build 1 million EVs a year in China from 2023: Nikkei

BERLIN: Volkswagen might be able to build 1 million electrical automobiles a year in China in 2023, CEO of the Volkswagen Passenger Cars model Ralf Brandstaetter advised Nikkei on Wednesday, boosted by a new plant in Anhui province.

The plant, a three way partnership with China’s Anhui Jianghuai Automobile Co (JAC) first introduced in 2019, is ready to produce 300,000 electrical automobiles a year, with manufacturing beginning in 2023.

Together with manufacturing from two additional three way partnership crops – one with FAW Group, and one with SAIC Motor – this could carry whole capability to the 1 million mark, Brandstaetter stated.

Volkswagen was not instantly obtainable for remark.

The German automaker offered 70,625 of its ID electrical automobiles in China final year, lacking its objective of promoting 80,000 to 100,000 automobiles, with manufacturing additionally affected by regional COVID-19 outbreaks in addition to chip-related points.

Volkswagen’s China chief Stephan Wollenstein advised a briefing in Beijing in January that the automaker would really like to double gross sales of its ID battery electrical automobiles this year however cautioned that low semiconductor provides may hamper its efforts.

Brandstaetter is due to take over Volkswagen’s China enterprise from Aug 1.

Under his watch, the carmaker will ramp up native growth in China, Brandstaetter advised Nikkei.

“In the past, our approach was to develop in Germany and localize in China,” he was quoted as saying. (*1*)

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