Volkswagen’s China head, Jochem Heizmann has shared the company’s plans to launch a pure battery electric vehicle in China later this year. This news comes despite ongoing uncertainty about China’s electric car quotas. Heizmann said that because of this uncertainty, they have been forced to bring the launch of electric cars in China closer.
He said: “The rules look like they are being revised,” adding that Chinese authorities have not yet clarified exactly how a system of credits for New Energy Vehicles (NEV)’s will be formalised.
A proposal has been been put forward that forces carmakers to meet their sales targets for electric vehicles and plug-in hybrid vehicles of 7% in 2020 and 15%t in 2025.