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Reading: Volkswagen follows automakers in selling China-built EVs in Europe by 2024
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EV-a2z > News > Volkswagen follows automakers in selling China-built EVs in Europe by 2024
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Volkswagen follows automakers in selling China-built EVs in Europe by 2024

EV-a2za
Last updated: 2023/01/22 at 11:54 PM
EV-a2za Published December 7, 2022 3 Min Read
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Volkswagen AG is a German automotive manufacturing company
Volkswagen AG is a German automotive manufacturing company
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Volkswagen will follow BMW, Tesla, and other carmakers in exporting electric vehicles from China to Europe, starting in 2024, noting limited production capacity in its home market, as per Automotive News Europe.

Contents
VW to join other automakers to do the sameCupra Tavascan to hit the market for the 2024 model yearVW’s five-year financial plan

Volkswagen will follow Tesla, BMW and other automakers in exporting electric vehicles from China to Europe, citing limited production capacity in its home market https://t.co/6x0UCjJzGt

— Bloomberg (@business) December 2, 2022

The company confirmed the move late last week, saying that the Cupra brand will begin producing the Tavascan at its joint venture (JV) factory in Anhui, China, operated along with JAC.

In addition, the company noted that the Anhui factory was the plant with the right technology and capacity at the time of production planning.

VW to join other automakers to do the same

In selling Chinese-built EVs in Europe, Volkswagen will join electric models such as Renault’s Dacia Spring, BMW iX3, and Tesla Model 3.

Furthermore, Bloomberg notes that PwC expects automakers will soon sell 800,000 vehicles built in China across Europe.

The @VWGroup has greenlighted plans to export Chinese built electric models to Europe starting 2024. First up is the @CUPRA Tavascan, which is set to be produced at the German car maker's joint venture Volkswagen (Anhui) Automotive Company Limited factory run with JAC in Anhui. pic.twitter.com/iUg1dFi2s0

— Greg Kable (@GregKable) December 4, 2022

Cupra Tavascan to hit the market for the 2024 model year

In 2019, the Cupra Tavascan was previewed as a concept, but it will hit the market in the 2024 model year. The electric SUV will be based on the company’s MEB platform and is anticipated to come with a pair of electric motors to deliver 302 hp.

The motors will be fed by a 77 kWh battery pack, and the electric vehicle should reach 62 mph (100 km/h) in 6.5 seconds and can go as much as 450 km (280 miles) with a full charge on the WLTP cycle.

Cupra Tavascan pic.twitter.com/D5vka7Xj7J

— 00-Dentist (@pbobev) December 5, 2022

While these figures are identical to the models ID.4 and ID.5 GTX, the Tavascan hopes to stand out with a more dramatic look close to the original concept.

The concept created an immediate impression at the 2019 Frankfurt Motor Show due to the aggressive front fascia dominated by two large air intakes and carbon fiber. 

It also comes with a dramatic roof line, an LED lightbar, a carbon fiber bumper, sharp LED headlights, and a tall rear end with LED taillights.

VW’s five-year financial plan

Notably, VW is also working on its five-year financial plan to determine which new models will be produced in which factories and how much money will be invested in those locations by mid-decade.

Those decisions depend on the launch of software platforms for the upcoming electric models that the automaker has repeatedly had to postpone.

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TAGGED: China, Electric Vehicle, Europe, EV, Volkswagen
EV-a2za January 22, 2023 January 22, 2023
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