Volkswagen accelerates its design strategy in China to cope with local electric vehicle competition

Foreign media: Volkswagen is accelerating its "designed in China" strategy to catch up with Chinese domestic electric vehicle (EV) competitors.

Volkswagen's operations in China can now design and validate new models without approval from the German headquarters, reducing development time and costs, and responding more quickly to local market demands.

Volkswagen has established Volkswagen China Technology Company (VCTC), which is the first time in Volkswagen's history that a region outside Germany has been able to support the development and validation of new vehicle platforms from an early stage. Volkswagen hopes this move will make its cars safer, more reliable, smarter, and more cost-effective, thereby regaining its leading position in the Chinese market.

Original: www.toutiao.com/article/1849847493040140/

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