Volkswagen to Develop New EV Platform in China

The German automaker aims to regain market share with entry-level electric vehicles tailored to Chinese consumer preferences.

Volkswagen is developing a new platform for entry-level electric vehicles (EVs) in China, aiming to regain market share in the world's largest auto market.
The new platform, known as the A Main Platform, will cater to Chinese consumer preferences regarding battery, electric drive, and motor, and is expected to be ready by 2026.
Volkswagen plans to introduce four new EV models priced between $19,400 and $23,800 on the new platform, targeting the entry- and mid-level segment of EVs.
The company has invested around $1.1 billion to build the Volkswagen Group China Technology Company (VCTC), which is developing the platform and will eventually employ over 2,000 people.
Volkswagen also struck a deal with Chinese EV maker Xpeng Inc in July to boost its EV lineup, with two new models under development that will target mid-level consumers and be produced on an older generation Xpeng platform.