[RSS] Volkswagen revs up designed-in-China approach to catch up in EV market

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[RSS] Volkswagen revs up designed-in-China approach to catch up in EV market

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Volkswagen Group has ramped up its “all in” strategy for China, banking on local development capabilities and a new electric vehicle (EV) architecture to fight back against domestic rivals and regain its leading position in the world’s largest vehicle market. The German carmaker’s China operations are now able to design and validate new models without going through approvals from headquarters, reducing development time and costs to respond quickly to local needs. On Tuesday, the company...

Source: https://www.scmp.com/business/china-evs ... e=rss_feed
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