VW pledges to double down on EVs in China, urges extension of NEV tax breaks

Malaysia News News

VW pledges to double down on EVs in China, urges extension of NEV tax breaks
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

A senior Volkswagen AG China executive reiterated on Saturday the German automaker's commitment to quickening the pace of electrification in the world's second largest economy despite issues such as intensified competition and weak demand.

China executive reiterated on Saturday the German automaker's commitment to quickening the pace of electrification in the world's second largest economy despite issues such as intensified competition and weak demand.

"The market is flush with new, highly competitive players but strong competition simply motivates us to constantly innovate and improve," Mecha said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2024 Mini Lineup: Changes to These Fun Small SUVs and Affordable EVs2024 Mini Lineup: Changes to These Fun Small SUVs and Affordable EVsMini’s cute compact cars see the return of a manual transmission and an entry-level trim level for 2024. More electric options are on the way.
Read more »

U.S. Steel Announces New Steel That's Ideal For EVs - CleanTechnicaU.S. Steel Announces New Steel That's Ideal For EVs - CleanTechnicaHumanity has been working with metal for a long, long time. So, it may be tempting to think that we’ve learned all there is to learn about the stuff. Even mass-produced steel is well over a century old. But, a recent announcement from U.S. Steel shows us that old dogs can still learn new tricks […]
Read more »

Ford To Offer EVs In New Region Next Year, Expects Impressive DemandFord To Offer EVs In New Region Next Year, Expects Impressive DemandWhile EVs are just starting to truly catch on in the States, the global demand for them has been growing for years. Ford sees new markets boosting sales.
Read more »

New list of EVs eligible for tax credits to be released next monthNew list of EVs eligible for tax credits to be released next monthA new and probably shorter list of electric vehicles qualifying for consumer tax credits will be released in a few weeks, as the Biden administration enforces stricter rules about how and where the vehicles are built.
Read more »

Few EVs expected to qualify for tax credit under new IRS rulesStarting next month, automakers will need to prove the battery supply chains for their...
Read more »

GM plans to phase out Apple CarPlay in EVs, with Google's helpGM plans to phase out Apple CarPlay in EVs, with Google's helpGeneral Motors plans to phase out widely-used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle's infotainment systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles.
Read more »



Render Time: 2025-02-28 23:32:50