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Volkswagen Group China to invest over 4 bln euros in 2020

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Volkswagen Group China and its partners plan to invest over 4 billion euros (4.4 billion U.S. dollars) in China in 2020, with 40 percent of the investment in the electric vehicle field, including manufacturing, infrastructure construction and R&D, the company said.


In the next few years, the automaker is expected to invest more in electric vehicles than petrol vehicles. It aims to deliver 30 types of new energy vehicles in the Chinese market before 2025, with a sales target of 1.5 million vehicles.


Stephan Wollenstein, CEO of Volkswagen Group China, said China's success in electric mobility would be the core driving force to realize automakers' sustainable development goals.


In 2020, pure electric vehicles will be put into production in two new plants of FAW-Volkswagen and SAIC Volkswagen, with a combined annual production capacity of 600,000 vehicles.



Volkswagen Group China delivered a total of 3.34 million vehicles to Chinese customers in the first 10 months of this year, and more than 42 million vehicles in total since entering the Chinese market.



Volkswagen, headquartered in Wolfsburg, Germany, has 12 vehicle brands, with products selling to 153 countries and regions.


大众汽车集团(中国)公布最新规划,计划在2020年与合作伙伴共同投资超40亿欧元,其中针对电动出行领域的投资将占总投资金额的40%左右,涵盖生产、基础设施建设以及电动汽车的研发。


公开资料显示,到2019年年底,大众中国将推出14款全新的新能源汽车,而从明年开始,大众汽车将在中国市场开启全面的新能源产品攻势。


为了完成上述目标,大众正在华全力推动相关工作进程。2020年,基于大众汽车MEB电动模块化平台的纯电动汽车将在两座新工厂正式投产。其中,上汽大众安亭工厂在经过12个月的建设后,已于近期开始试生产。大众汽车计划到2020年10月,一汽-大众佛山工厂和上汽大众安亭工厂将正式启动基于MEB平台的纯电动汽车的生产,综合年产能将达到60万辆。


除了在新能源领域加码投资,大众还将在SUV领域持续发力。公开数据显示,截至今年10月,大众汽车集团已向中国客户交付新车334万辆,在华市场份额升至19.5%,这意味着当前中国汽车市场中有近五分之一的汽车来自大众汽车集团。





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