
Volkswagen plans to begin production of electric vehicles at its two Chinese joint ventures, FAW Volkswagen and Shanghai Volkswagen by 2014. The plan is to be producing 100,000 units a year by 2018 as Volkswagen tries to help China cut pollution and reduce its dependence on oil.
Karl-Thomas Neumann, the Volkswagen China president and chief executive said:
“E-vehicles have so far been limited by cost batteries, and a lack of economies of scale and models considered appealing to car buyers and they were needed to reduce China’s pollution and reliance on oil. I am convinced e-vehicles will be a success in China because I think it is desperately needed”
The Chinese central government has declared the electric vehicle industry a top priority, earmarking $1.5 billion per year for the next 10 years to become one of the leading producers of clean vehicles. It has named 25 cities including Beijing, Hangzhou, Shanghai and Shenzhen to lead the migration to green vehicles.



