Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

VW subsidy Audi wants to score points in China with electric cars and SUVs

June 11, 2018


Abstract : Volkswagen’s (VW) Audi subsidiary wants to make some headway in the all-important Chinese car market. The car manufacturer wants to have up 10 variations of its sport-utility vehicle (SUV) on Chinese roads by 2022.

Volkswagen’s (VW) Audi subsidiary wants to make some headway in the all-important Chinese car market. The car manufacturer wants to have up 10 variations of its sport-utility vehicle (SUV) on Chinese roads by 2022, said Audi China President Joachim Wedler this week in the Chinese city of Shenzhen.

The Ingolstadt-based company presented the Audi Q8 SUV in the port city near Hong Kong for the first time. The new, giant SUV should help lift Audi’s sales worldwide. Seven of Audi’s 10 planned SUV models should be manufactured in China on site, while three higher-priced models will arrive as imports. China recently announced it would reduce import duties on cars manufactured abroad from 25 to 15 percent as of 01 July. That increases Audi’s room for maneuver, said Wedler.

Audi likewise wants to play a bigger role on the market for electric cars, which are heavily subsidized in China because of environmental issues. The first purely battery-operated Audis should roll off the assembly line in the People’s Republic in 2020 or the year after, said Audi CEO Rupert Stadler. By 2022, five electric car models manufactured in China, four of which will be purely battery driven, should be available for customers to purchase.

dpa

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: DPA-Info

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial