https://fortune.com/longform/electric-car-auto-industry-china/VW has recently let fly a flurry of statistics about its electric-car intentions, each brasher than the last. By next year, it will begin producing two cars on the MEB platform: a hatchback evocative of the Golf, called the ID.3, and a small SUV, the ID.Crozz. By 2022, it will be building MEB cars at eight factories: two in China, including the one in Shanghai; one in the U.S., in Chattanooga; and five in Europe. By 2023, it will have spent $33 billion on its electric-vehicle transition. By 2028, it will have sold a cumulative 22 million electric vehicles across 70 different models.
A drone’s-eye view of the 74-acre VW electric-car facility under construction in western Shanghai. It will be Volkswagen’s most advanced plant worldwide when it opens next year.
Hoot Hoot full steam ahead.
https://fortune.com/longform/electric-car-auto-industry-china/VW...
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