Volkswagen to launch 10 more electric cars by 2026, aims to ramp up EV offensive

As an integral part of its EV offensive, Volkswagen is focusing enthusiastically on China, which is one of the key global markets for electric vehicle
...
As an integral part of its EV offensive, Volkswagen is focusing enthusiastically on China, which is one of the key global markets for electric vehicles.
As an integral part of its EV offensive, Volkswagen is focusing enthusiastically on China, which is one of the key global markets for electric vehicles.

Volkswagen said on Tuesday that it is planning to introduce ten more electric vehicles by 2026 in its global EV portfolio. Also, the German auto manufacturer has said that it plans to ramp up the EV offensive in the coming years, aiming to achieve the number one spot in the global EV market. Also, the car brand has stated that China will be one of the most important markets moving forward when it comes to electric vehicles. Interestingly, Volkswagen's comment comes at a time when established foreign brands are losing ground in China to nimble local rivals.

Speaking about the company's EV strategy, while unveiling the ID.7 EV model at Auto Shanghai, Volkswagen CEO Thomas Schafer said that the automaker will bring ten more electric cars to the market by 2026. His comment comes in line with Volkswagen's previous comment earlier this year when it said to speed up its time to market for new models from four years to closer to 2.5 years on average.

Also check these Cars

Find more Cars
Volkswagen Id.7 (HT Auto photo)
UPCOMING
BatteryCapacity Icon77 kWh Range Icon621 Km
₹ 70 Lakhs
View Details
Volkswagen Polo 2024 (HT Auto photo)
UPCOMING
Engine Icon999 cc FuelType IconPetrol
₹ 8 Lakhs
View Details
Volkswagen Taigun (HT Auto photo)
Engine Icon1498 cc FuelType IconPetrol
₹ 11.70 - 20 Lakhs
Compare
View Offers
Volkswagen Id.4 (HT Auto photo)
UPCOMING
BatteryCapacity Icon77kWh Range Icon418 km
₹ 50 - 60 Lakhs
View Details
Volkswagen Virtus (HT Auto photo)
Engine Icon1498 cc FuelType IconPetrol
₹ 11.56 - 19.41 Lakhs
Compare
View Offers
Lexus Es (HT Auto photo)
Engine Icon2487.0 cc FuelType IconMultiple
₹ 56.55 - 62.19 Lakhs
Compare
View Offers

Also Read : Volkswagen ID.4 EV, rival to Kia EV6, showcased in India; to launch soon

In the last few years, several well-established foreign car brands have lost their market share in China to their local rivals. The Chinese electric car brands have literally shot up at a rocket-like speed in the last couple of years, as compared to their foreign rivals. Keeping that in focus, Volkswagen aims to strengthen its game in the Chinese market, as it is one of the most important global markets for the German brand.

As part of that strengthening strategy, Volkswagen aims to speed up its product rollout timing in China. To achieve that target, Volkswagen is focusing on increased localisation of research and product development in the country. Speaking about the company's strategy for China, Schafer said that its guiding principle is development in China and for China at full speed.

First Published Date: 18 Apr 2023, 11:49 AM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.