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Volkswagen Eyeing Supercharged China EV Sales Surge

German automaker expects to sell up to 100,000 of its ID series in 2021; Battery EV deliveries in China have doubled to 18,285 this year so far


The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels
Volkswagen has lagged behind local competitors and Tesla in China and faces heavy investor pressure to boost EV sales in the country. Photo: Reuters

• German automaker expects to sell up to 100,000 of its ID series in 2021

• Battery EV deliveries in China have doubled to 18,285 this year so far

 

Volkswagen expects sales of its ID series of electric vehicles in China – the world’s largest car market – to pick up significantly in the second half of the year, the German firm’s Chief Executive Herbert Diess said on Thursday.

By the end of the year, Volkswagen wants to sell between 80,000 and 100,000 of the EV series in China, Diess said, adding sales were expected to double to 6,000 in July from 3,000 in June.

In the first half of this year, deliveries of battery electric vehicles (BEV) in China more than doubled to 18,285, but accounted for just 10.7% of global BEV deliveries.

 

  • Reporting by Reuters

 

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