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Volkswagen aims to double sales of electric vehicles in China this year as it failed to meet its goals

January 17, 2022
Source: fuentitech.com fuentitech.com
News Snapshot:
Volkswagen said it could double sales of ID-battery electric vehicles in China this year and aim for even better results, but automakers could suffer from a shortage of semiconductors. The ID series produced by Volkswagen in a Chinese joint venture between SAIC Motor and FAW Group is the backbone of EV ambitions in China, the world’s largest automobile market. German automakers sold 70,625 ID electric vehicles in China last year, failing to meet their goal of selling 80,000-100,000. Production was also affected by the outbreak of COVID-19 in the region, in addition to chip-related issues. Volkswagen’s Chinese chief Stephen Warrenstein...
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Tags: AIM | automobile | battery | Beijing | brand | BYD | car | CES | China | Chinese | chip | chips | consumer | consumer electronics | Covid-19 | electric vehicle | entertainment | EV | Gadgets & Electronics | German | joint venture | semiconductor | Shanghai | Tesla | Toyota

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