Volkswagen is accelerating its electrification strategy and plans to launch 11 new electric models by 2027

Volkswagen announced impressive plans at its recent 2024 annual press conference to launch as many as 11 new electric models by 2027 to enter the global market. Among them, two co-branded models developed in cooperation with Xpeng Motors - VW/Xpeng 1 and VW/Xpeng 2 have attracted much attention and are expected to be officially launched in 2026 to meet consumers.

In addition, Volkswagen also revealed relevant news about the pure electric entry-level model ID.1 that will be released next year. This car is expected to officially enter the market in 2027. The equally highly anticipated ID.2 model will also be released next year and will be available in 2026. According to the editor’s understanding, Volkswagen’s electric model product lineup released this time is extremely rich, covering ID.BUZZ LWB, ID.7, ID.7 Tourer, ID.GTI Concept, ID.2ALL and ID.2 ALL There are many models such as SUV, as well as the entry-level model E-Volkswagen, ID.4 PA, A-Main SUVe, etc.

In the past year, Volkswagen's sales performance has been very impressive. According to statistics, Volkswagen's full-year sales revenue in 2023 reached 322.3 billion euros, its operating profit also reached an astonishing 22.6 billion euros, and its after-tax profit reached 17.9 billion euros. In terms of sales of electric vehicles, the Volkswagen Group has also made significant progress. A total of 771,100 pure electric vehicles will be delivered in 2023, an increase of 35% compared with 2022.

Among the more than 30 new products Volkswagen plans to launch this year, the electric Porsche Macan and ID.7 sedan have attracted much attention. The launch of these two new models will undoubtedly further enhance Volkswagen's competitiveness in the electric vehicle market. In this regard, the person in charge of Volkswagen said that China is currently the most competitive and fastest-paced automobile market in the world, but they are still confident about the future and have set a goal of occupying 26% of the electric vehicle market share in China by 2026. ambitious goals.

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