Volkswagen starts production of electric vehicles in two factories in China to become the world's largest electric vehicle manufacturer

Published: Oct 29, 2019 15:29
To produce electric vehicles, Volkswagen plans to restructure eight factories by 2022, when the group will have an annual production capacity of 1 million electric vehicles.

SMM: at present, Volkswagen Group is working towards the goal of "the world's largest zero-emission carmaker," and has made some achievements. To produce electric vehicles, Volkswagen plans to restructure eight factories by 2022, when the group will have an annual production capacity of 1 million electric vehicles, Reuters reported. In China, Volkswagen will begin producing electric vehicles at two factories in Anting and Foshan next year, and will have a production capacity of 600000 electric vehicles in China alone.

With the smooth progress of the electric transformation, the self-confidence of Volkswagen Group CEO Herbert Deiss (Herbert Diess) has also begun to burst. Earlier, in an interview with the media, he said he very much admired Tesla's achievements, but Tesla was able to do everything the public could do, even better. "in terms of hardware, Tesla also has a platform specially developed for electric vehicles, and our two enterprises are at the same level." "but in software, because of our size, Tesla can hardly match us, because software is after all a mass-production game of hardware, and if you want to do the software well, you have to assemble 10 million devices, not 1 million," says Mr Deiss. "

Based on its sheer size, the MEB platform can reduce the average price of the company's electric cars to about 20, 000 euros (157000 yuan) through economies of scale, according to Volkswagen executives. Volkswagen's brands are joining the "MEB team" as much as possible. Under the previous plan, Volkswagen would produce more than 22 million electric vehicles by 2028, 11.6 million of which would come from Chinese factories. Patrick Humer (Patrick Hummel), automotive analyst at UBS (UBS), said Volkswagen would become the world's largest electric car maker by 2025, when Tesla could still struggle to get out of the niche market.

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Volkswagen starts production of electric vehicles in two factories in China to become the world's largest electric vehicle manufacturer - Shanghai Metals Market (SMM)