Volkswagen adopts ‘in China, for China’ strategy
Volkswagen is adopting an “in China, for China” strategy as it explores profitable growth in the country by developing hybrid and fully electric vehicles—collectively known as new energy vehicles.
“China is our second home market. We continue to drive our strategy forward systematically and are going on the offensive with its execution.
“We focus on our Chinese customers’ expectations and the accelerated time-to-market of our products. At the same time, we are pushing pioneering technologies, increasing cost efficiency, and deepening local partnerships,” said Volkswagen Group CEO Oliver Blume.
The German automaker launched the next phase of its plans to strengthen its position in the country during China Capital Markets Day in Beijing. The company’s main goal is to strengthen its tech capabilities and reduce costs in the Chinese auto market to achieve cost parity with local automakers in the compact car segment by 2026.
To achieve its targets, VW plans to reduce costs by 40% with its locally-developed China Main Platform (CMP), also referred to as the A Main Platform. Volkswagen’s CMP is specifically designed for Chinese consumer tastes in terms of battery, electric drive, and electric motors for battery electric vehicles (BEVs). Ralf Brandstätter—a member of the board of VW AG—noted that new car buyers in China tend to be younger, tech-savvy, and prefer immersive digital experiences in their vehicles.
If you have any tips, contact me at [email protected] or via X @Writer_01001101.
The post Volkswagen adopts ‘in China, for China’ strategy appeared first on TESLARATI.
Source: https://www.teslarati.com/volkswagen-china-new-energy-vehicle-sales/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.