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VW targets China comeback as first model with Xpeng starts mass production
Reuters· 2026-03-13 05:31
Group 1 - Volkswagen has begun mass production of its first model, the ID. UNYX 08, developed in partnership with Chinese EV maker Xpeng, as part of its strategy to regain market share in China [1][2][3] - The ID. UNYX 08 is a full-size electric SUV and is part of Volkswagen's largest-ever new energy vehicle push in China, with over 20 new models planned for launch this year [1][2][3] - Volkswagen's new China-based architecture allows for vehicle development to be completed 30% faster, with the ID. UNYX 08 brought to production in just 24 months [1][2][3] Group 2 - Volkswagen aims to launch a total of 50 new NEVs in China by 2030, including more than 20 battery-electric and plug-in hybrid vehicles set for release in 2026 [1][2][3] - The ID. UNYX 08 is a result of a technology partnership with Xpeng, which provides autonomous driving systems and Turing AI chips for the vehicle [1][2][3] - Volkswagen's Hefei plant has an annual production capacity of 350,000 units and will also produce a second jointly developed EV with Xpeng later this year [1][2][3]