On November 13, Volkswagen Group (China)'s first electric motor product APP310 equipped on the MEB platform ID.4 pure electric SUV was first released at Volkswagen Automatic Transmission (Tianjin) Co., Ltd. According to AI Finance and Economics, with the launch of APP310, Volkswagen's Tianjin automatic transmission plant also ushered in its 5 millionth product roll-off.
Volkswagen China CEO Feng Sihan said at the press conference that APP310 is currently mainly equipped with FAW-Volkswagen ID.4 CROZZ and SAIC-Volkswagen ID.4 X. In the future, in addition to ID. models, APP310 will also be installed on other models built on the MEB platform.
Prior to November 3, Volkswagen ID.4 pure electric SUV debuted in Shenzhen for the first time. This is also the first pure electric vehicle launched by Volkswagen in China. The comprehensive range is 555 kilometers and the pre-sale price subsidy does not exceed 250,000. yuan.
Feng Sihan said that the launch of APP310 products indicates that Volkswagen is continuously deepening the localized production of electric vehicle parts, thereby further promoting the group's electrification process in China.
In fact, as Feng Sihan said, China is the stage to carry the Volkswagen Group's ambitions to transform to electrification. Volkswagen Group CEO Diss previously stated that Volkswagen plans to deliver 22 million pure electric vehicles worldwide by 2028, of which more than half will be manufactured in China.
In recent years, Volkswagen Group has also continued to increase its electrification layout in China.
In June 2017, Volkswagen Group and Anhui Jianghuai Automobile Group Co., Ltd. signed a joint venture agreement to jointly produce new energy vehicles. In May of this year, Volkswagen China will acquire a 50% stake in Jianghuai Automobile’s parent company Anhui Jianghuai Automobile Group Holdings Co., Ltd. through capital increase. At the same time, Volkswagen China also announced that it will increase its capital in the joint venture company Jianghuai Volkswagen. By then, Volkswagen China will hold 75% of the shares of Jianghuai Volkswagen.
In the field of power batteries, Volkswagen China invested approximately 1.1 billion euros to subscribe for 26.47% of Guoxuan Hi-Tech's shares in May this year and became its largest shareholder. Guoxuan Hi-Tech will become a certified supplier of Volkswagen Group in the future, supplying batteries for the latter's pure electric vehicles and MEB platform products in the Chinese market.
In addition, according to the plan previously announced by Volkswagen Group, by the end of this year, Volkswagen’s charging network in China will increase from the existing 40 super charging stations to more than 250, including 3,600 charging piles, covering 16 cities in China. By the end of 2023, Volkswagen will launch 8 ID series models in China to occupy various market segments.
Volkswagen automatic transmission Tianjin plant is an indispensable part of the Volkswagen Group in China's local auto industry chain. Relevant information shows that since 2014, Volkswagen's automatic transmission Tianjin plant has continued to supply DSG dual-clutch automatic transmissions for millions of domestically produced vehicles in China. In 2019, the official production of the APP290 power motor and the DQ400e hybrid transmission officially started the localized production of the core components of the Volkswagen Group's electric vehicles.
AI Finance Agency learned that the current daily production capacity of APP310 motors in Volkswagen's automatic transmission Tianjin plant is 1,100 units. With the full utilization of the factory space in the future, the daily production capacity will exceed 3,000 units. (Text | AI Finance and Economics Agency Wu Aohan Editor | Zhang Shuo)
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