Volkswagen will comply with Tesla, BMW and different automakers in exporting electrical automobiles from China to Europe, citing restricted manufacturing capability in its house market.
VW’s sporty Spanish model Cupra will produce its first full-electric SUV, the Tavascan, at one among its joint ventures’ factories in Anhui, Volkswagen mentioned.
Constructed on the identical MEB platform because the VW ID sequence, the compact Tavascan is because of go on sale in Europe in 2024. It’s Cupra’s second mannequin based mostly on the MEB platform after the Born hatchback.
“The Anhui manufacturing facility was the plant with the appropriate capability and know-how on the time of manufacturing planning,” VW mentioned mentioned in an announcement Friday, including it has no plans to supply different automobiles in China for export.
VW is engaged on its five-year monetary plan to resolve which new fashions can be constructed wherein factories and the way a lot cash to put money into these places by the center of the last decade. These choices hinge on the launch of software program platforms for upcoming electrical fashions that the corporate has repeatedly needed to delay.
Electrical fashions already being shipped from Chinese language factories to European showrooms embody Tesla’s Mannequin 3, BMW’s iX3 and Renault’s Dacia Spring.
PwC just lately predicted automakers will promote 800,000 automobiles imported into Europe from China.