VW aims to sell 1.5m electric cars in China by 2025

AFP, TOKYO: German carmaker Volkswagen is aiming to sell 1.5 million electric cars in China by 2025, its boss was quoted as saying yesterday, seeking to capitalise as Beijing mulls a clampdown on polluting vehicles.

Speaking on the sidelines of the International Motor Show in Frankfurt, Chief Executive Matthias Mueller said the firm was well-placed to take advantage of shifts in Chinese environmental policy.

“If the decision is made, we will be very well prepared in 2018,” Japanese business daily Nikkei cited Mueller as saying.

He pointed to a joint venture with Chinese auto maker JAC and stressed: “We will have products which will fulfill the political requirements.”

China, the world’s biggest auto market, is mulling a ban on fossil fuel cars as it seeks to reduce choking pollution in its megacities.

Xin Guobin, vice minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry has started “relevant research” and is working on a timetable for China.

VW aims to sell 1.5m electric cars in China by 2025

AFP, TOKYO: German carmaker Volkswagen is aiming to sell 1.5 million electric cars in China by 2025, its boss was quoted as saying yesterday, seeking to capitalise as Beijing mulls a clampdown on polluting vehicles. Speaking on the sidelines of the International Motor Show in Frankfurt, Chief Executive Matthias Mueller said the firm was well-placed to take advantage of shifts in Chinese environmental policy. If the decision is made, we will be very well prepared in 2018, Japanese business daily Nikkei cited Mueller as saying. He pointed to a joint venture with Chinese auto maker JAC and stressed: We will have products which will fulfill the political requirements. China, the worlds biggest auto market, is mulling a ban on fossil fuel cars as it seeks to reduce choking pollution in its megacities. Xin Guobin, vice minister of industry and information technology, told a forum in the northern city of Tianjin at the weekend that his ministry has started relevant research and is working on a timetable for China.