NEWS
VW’s electric bet in China brings global muscle to zero-emissions race
Volkswagen readies mass production of EVs in bid to overtake Tesla
31 October 2019 - 05:00
Volkswagen is ramping up production of electric cars to about 1-million vehicles by the end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla and making China the key battleground.
Volkswagen is readying two Chinese factories to build electric cars next year. The Chinese plants will have a production capacity of 600,000 vehicles, according to Volkswagen's plans, revealing VW’s ability to industrialise production faster than other pioneers in the electric vehicle market...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.