Volkswagen plans to release electric car in China next year

Volkswagen’s China Chief Jochem Heizmann stated the automaker plans to introduce a pure battery electric car in China amidst ongoing uncertainty over how China’s electric automobile quotas will be used.

VW’s Heizmann stated an absence of clarity about whether electric vehicle quotas would be softened, is requiring VW to push ahead with an aggressive launch schedule for electric automobiles in the country.

“The ri;es appear like they are being modified,” Heizmann stated, adding that Chinese authorities have not yet clarified how a system of credits for the New Energy Vehicles (NEV)’s will be formalized.

A lobbying campaign from Germany to persuade Chinese officials to water down the proposals, might show to be valuable, Heizmann stated.

In China, policymakers have actually advanced proposals forcing automakers to meet sales targets for electric cars and plug-in hybrid cars of 7 percent in 2020 and 15 percent in 2025.