Report: VW planning 20 new plug-in models for China Are you an - TopicsExpress



          

Report: VW planning 20 new plug-in models for China Are you an aspiring New or Used Car Buyer looking for your dream car? Visit Cars4sa.co.za Filed under: EV/Plug-in, Volkswagen, China With just about everything getting super-sized for China, Volkswagen is following suit with its plug-in vehicle plans for the worlds most populous country. VW, Europes largest carmaker, is looking to sell more than 20 different plug-in models in China within the next four years, Reuters says, citing comments Volkswagen Group China head Jochem Heizmann made in Shanghai. The company is hoping that translates to sales of more than 100,000 plug-ins in China by the end of the decade. Go big or go home, right? Theres a huge plug-in vehicle opportunity in China, especially given the bad pollution situation in cities like Beijing and Shanghai and the Chinese governments incentives for plug-in vehicle buyers. Volkswagen CEO Martin Winterkorn said at the Beijing Motor Show this spring that the company would spend $25 billion on at least a half-dozen plug-in models for China by 2018. VW will start selling the e-Golf in China this year and the Golf GTE plug-in hybrid in 2015. VW said in August that it would start selling the e-Golf in the US for about $35,500 in November. Thats a $6,500 price hike from the base Nissan Leaf. VW planning 20 new plug-in models for China originally appeared on Autoblog Green on Thu, 30 Oct 2014 10:02:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Posted on: Thu, 30 Oct 2014 14:43:39 +0000

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