17:03 - 19.04.2023

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April 19, Fineko/abc.az. Volkswagen plans to release 10 new models of electric vehicles by 2026.

ABC.AZ reports with reference to the foreign press that the company also continues its investments and cooperation to increase market share in China,.

Thomas Schafer, chief executive of Volkswagen AG, said their commitment to China remains and they will continue to develop at full speed for China as a guiding principle.

Despite the statement, they lag behind their Chinese counterparts in electric vehicles.

This led to a decrease in their share in the world's largest automotive market.

Knowing this, Volkswagen continues increasing investments in electric vehicles.

A company known for its models ID.3 and ID.4, which it has released in recent years, aims to strengthen its position in the market with new electric models in the near future.