VW to Launch China EV

Volkswagen China CEO Jochem Heizmann has announced the company’s plans to launch a pure battery EV in China later this year. A lack of clarity regarding whether EV quotas will be softened has motivated the company to push ahead at full speed with its plans to introduce the EV in China. Chinese authorities have not yet given specific details as to how EVs will be regulated, but Heizmann notes “The rules look like they are being revised.” Heavy lobbying from automakers may be enough to persuade Chinese authorities to implement less strict rules.

Shanghai Business Review is the leading English language website and print magazine for business leaders conducting business in China.

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