Volkswagen said it plans to have “at least 17 different SUV models” on sale in China by the end of 2022, as the company looks to increase its exposure to one of the Chinese vehicle market’s fastest growing segments.
VW Group China CEO, Stephan Woellenstein, told local reporters last week the company currently has 10 VW brand SUV models on sale in China, up from three in 2018. He confirmed a further three petrol models and four pure electric models were scheduled for launch in the next two years.
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The said SUVs currently account for around 30% of its China which was below the SUV segment’s 36% share of total light passenger vehicle sales in the country in the first eight months of 2020, according to data released by the China Association of Automobile Manufacturers.
Volkswagen planned to launch production of the first of these SUVs, the ID.4 EV, in China in the fourth quarter of 2020 – with sales expected to start ahead of Spring Festival in February 2021.
