According to foreign media reports, the Volkswagen brand plans to strengthen the supply of plug-in hybrid vehicles (PHEV) to cope with the slowdown in demand for pure electric vehicles.
Thomas Sch ä fer, chief executive of the Volkswagen brand, said in an interview on the sidelines of an automotive industry conference in London on May 8th that expanding the product portfolio of plug-in hybrid vehicles was one of Volkswagen’s top priorities.
Sch ä fer said: “consumers now want plug-in hybrid cars, including Chinese and American consumers.
” In addition, sales of plug-in hybrid vehicles in Europe grew faster than electric vehicles earlier this year.
Photo: Volkswagen, in the Chinese market, with local brands dominant, Volkswagen has been adjusting its electric vehicle strategy after model delays and backwardness.
Last year, Volkswagen cancelled plans to build a 2 billion euro ($2.
2 billion) factory dedicated to electric cars in Germany.
According to Sch ä fer, the latest hybrid technology used by Volkswagen on models such as Passat and Tiguan has a pure electric range of more than 100km.
“but now you have to think further,” he said.
How can we make it more cost-effective? How can we achieve this goal? We are working hard.
” As the growth of electric vehicles slows, automakers are turning to traditional powertrains to defend sales and market share.
Toyota, for example, has benefited from a surge in global demand for hybrid vehicles.
Mercedes-Benz said earlier on May 8 that it would extend sales of internal combustion engines amid disappointing sales of electric vehicles.
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