US EditionVW targets China comeback as first model with Xpeng starts mass production
Volkswagen and XPENG's ID.UNYX 08, developed in under two years, marks the start of a 20-model local EV launch to regain market share in China, VW said.
- On Friday, Volkswagen began mass production of the jointly developed ID.UNYX 08 in China, a full-size electric SUV central to its biggest NEV push and not sold in Germany.
- Volkswagen's 'In China, for China' strategy has driven local R&D and partnerships, producing the ID.UNYX 08 in less than two years, three years after launch.
- VCTC and CARIAD China led technical definition and validation for the China Electronic Architecture, enabling 30% faster vehicle development and UNYX 08's 24-month production timeframe.
- The ID.UNYX 08 is slated to go on sale in the first half of this year, with a second jointly developed EV with XPENG launching later this year as Volkswagen ramps up.
- Facing intense local competition, Volkswagen Group frames the ID.UNYX 08 as a strategic response after losing ground to BYD and Geely last year, with Ralf Brandstätter saying 'Our 'in China, for China' strategy is delivering results'.
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Image ID: /clip/01cc614c-525d-49c1-96a6-913d86f27882_media-libre-aspect-ratio_default_0.jpg The Volkswagen Group is making rapid progress in implementing its strategy In China, for China and in the accelerated electrification of its product portfolio: in Hefei, east of China, the serial production of the ID has begun.UNYX 08, Volkswagen's first fully electrical and connected large SUV for the Chinese market. Continue reading....
Volkswagen, XPeng Launch Joint Electric SUV Production In China - Volkswagen (OTC:VLKPF), XPeng (NYSE:XPEV)
Volkswagen AG (OTC:VLKPF) and XPeng Inc. (NYSE:XPEV) drew investor attention Friday after beginning production of a jointly developed electric SUV tailored for China. The companies launched the manufacturing of the ID.UNYX 08 in Hefei, marking a key milestone in Volkswagen’s localization strategy and expanding its electric vehicle push in the world’s largest EV market. The project reflects deeper collaboration between the German automaker and Ch…
Volkswagen partners with Chinese EV firm Xpeng
Volkswagen began production of its new EV, jointly manufactured with China’s Xpeng, as it seeks to turn its fortunes around after a tough year that saw it lose major market share in China. The German car giant reported a 44% year-on-year fall in profits and said it would cut 50,000 jobs, after being badly hit by competition from Chinese firms such as Geely and BYD. The latter is the top-selling brand in China, while VW, the market leader in the …
VW targets China comeback as first model with Xpeng starts mass production
Volkswagen said on Friday it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng , as the German carmaker targets a comeback in China with more than 20 new models to be launched this year.
The alliance established in 2023 between Xpeng and Volkswagen helped accelerate the development of the new range of electrified vehicles of the German group in the Middle Empire.
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