VW joint venture in China without new models planned until 2028

A Volkswagen Anhui has no new car models planned for China by 2028. This is a joint venture dedicated to the development of electric vehicles.

The information is advanced by the Reuters agency, which cites two people with knowledge on the subject. The ID tag. Unyx was launched two years ago and since then, could not achieve the demand that was expected to have – in particular young and urban drivers whom i wanted to appeal to.

The range has four models. Reuters writes that it was being considered a new crossover for 2028, but the idea would have been frozen. At the moment, the focus of VW China is to expand and optimize Anhui's dealership network.

It should be noted that the joint venture was formed in 2017 with the JAC Group, currently having an offer consisting of electric models: the berlinas ID. Unyx 07 and 09 and SUV ID. Unyx 06 and 08. So far, it's been causing losses.

Without succeeding with the current range and subject to two years without new products in an intense market with hundreds of launches per year, this interregno can be crucial for the future of Volkswagen Anhui.

The balance point is scheduled for 2030, said VW Group’s financial director Arno Antlitz at a conference to deliver results to investors at the end of October.

It's just one of VW's Chinese collaborations

There are other Volkswagen collaborations in China: has also SAIC Volkswagen, whose range has grown this year with the arrival of new ID models. It was; and with FAW, it proposes combustion models and hybrids.

All these partnerships are under the auspices of the Volkswagen China Group, the Chinese subsidiary of the German conglomerate – which last year sold about 2.6 million cars in that country.

Despite the performance of the ID. Unyx, volkswagen will have reached a record sales in China in October, by marketing 28,000 cars of new energies (electric and hybrid plug-in – data from the Chinese Passenger Car Association cited by Reuters.