Volkswagen Group Chief Executive Officer (CEO) Oliver Blum said in an interview with Germany’s Frankfurter Allgemeine Zeitung on the 5th that in the field of electric vehicles in China, Volkswagen “is currently unable to maintain its lead. status”.
Bloom said that Volkswagen wants to avoid setting “utopian” goals for its market share in China. If it can achieve double-digit market share in the fast-growing Chinese market in the long term, it will be a “very impressive” goal. The goal. He also added that the new models that Volkswagen will release in the next few years will improve its current position.
It is learned that in 2023, Volkswagen Group’s brands delivered a total of 3.236 million vehicles in China throughout the year, an increase of 1.6% compared with 2022.
Among them, the Audi brand delivered 728,600 vehicles, a year-on-year increase of 13.5%, exceeding the overall growth of the high-end car market; the Volkswagen brand and Jetta sub-brand delivered 2.3986 million vehicles in China in 2023, a year-on-year increase of 0.1%. The Volkswagen Group’s pure electric vehicle deliveries in China reached approximately 191,800 units, an increase of 23.2%.
Compared with 2022, Volkswagen Group’s sales in China will show a rebound trend in 2023. In 2022, the Volkswagen Group delivered 3.1845 million vehicles in the Chinese market, a year-on-year decrease of 3.6%.
At the 2024 annual press conference held in March this year, Volkswagen announced that it will launch 11 new electric models by 2027, including two models jointly built with Xpeng Motors, VW/Xpeng 1 and VW/Xpeng 2. Both models are expected to be officially launched in 2026.
