Volkswagen China is targeting to double its electric vehicle sales in the Chinese market despite the Covid-19 disruption that has disrupted production and even supply chains. Optimistically, the company’s leadership called the target “promising”.
Volkswagen produces the ID series which is the sei t for electric vehicles. In China, the world’s largest electric vehicle market, Volkswagen has formed a joint venture with SAIC Motor and FAW Group to manufacture the ID series in a highly developed market.
Volkswagen aims to deliver 15,000 to 20,000 EVs per month in the coming months, Stephan Wollenstein, CEO of VW in China, said at a press conference Friday.
“We hope we can also get the parts needed,” Wollenstein said.
“That way, by the end of the year we can have more than double ID sales compared to last year,” he continued.
European and Japanese automakers have triumphed with internal combustion engines, lagging behind local manufacturers in China’s booming electric vehicle market.
Volkswagen first set a target in January to double sales of electric vehicles in China this year from the 70,000 units sold in 2021.
Despite being constrained by the COVID-19 lockdown at its main manufacturing site, Volkswagen said it sold 59,400 electric vehicles in China in the first half of this year.
This amount contributes to 80 percent of total electric vehicle sales including plug-in hybrids, which is double from last year. This shows how big the electric vehicle market in China is.
Earlier this month, Volkswagen had revealed their electric sedan ID. Aero which will go on sale for the Chinese market. ID. Aero is the company’s first electric sedan and goes into production for the Chinese market in the second half of 2023
