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Volkswagen Targets China With Entry-Level Electric Vehicle Platform

In an effort to regain market dominance in China, Volkswagen VWAGY has announced plans to create a platform specifically for entry-level electric vehicles…

Volkswagen Targets China With Entry-Level Electric Vehicle Platform - Volkswagen (OTC:VWAGY)

The company aims to have the platform market-ready by 2026, a development timeline that is a third faster than previous platforms.

VW EV: Volkswagen to launch China-specific entry level electric platform, ET Auto

VW EV: Derived from the so-called modular electric drive matrix (MEB), Volkswagen s existing electric-only platform in use since 2019, it will primarily use Chinese suppliers and should be ready for market in 2026, a third faster than previous platform development times, he added.

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