Volkswagen is going to China with its development of electric vehicles!
Could be a smart move, we will find out! Or is it just another sign confirming that Germany has become a banana republic?
"Volkswagen said on Friday it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world's biggest auto market.
The new architecture, known as the A Main Platform, will be made specifically to Chinese consumer tastes with regards to the battery, electric drive and electric motor ...
Chinese new car buyers are younger, tech savvy and like a immersive digital experience from their cars ..."
In April of this year VW announced:
"Volkswagen is investing around 1 billion euros ($1.10 billion) in a new development and procurement centre for electric vehicles in Hefei, China, the company said on Tuesday, in a bid to better adapt its cars to Chinese customers' tastes.
The aim of the centre, dubbed "100%TechCo", will be to reduce development times for new products and technologies by around 30%, involving suppliers at the early stages of product development to accelerate the time to market. ..."
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