Volkswagen wants to sell 1.5 million electric vehicles a year in China by 2025
Volkswagen Group is getting ready to significantly expand its electric vehicle portfolio in China over the next few years. The company plans to launch 15 “new energy vehicles”—plug-in hybrid EVs and battery EVs—by 2020, according to a report in Reuters. Jochem Heizmann, CEO of VW Group’s operations in China, also told Reuters that the company plans to invest $11.8 billion (€10 billion) in order to comply with ever-stricter Chinese EV regulations.
https://arstechnica.com/cars/2017/1...on-electric-vehicles-a-year-in-china-by-2025/
Volkswagen wants to sell 1.5 million electric vehicles a year in...
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