VW ID.4 is scheduled to go into production in China in 2020

Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan ($ 590 million) to convert their Shanghai car factories and manufacture new Audi sedans.

SAIC Volkswagen, the joint venture (JV) of the Wolfsburg-based automaker and the largest Chinese automaker, currently only sells Volkswagen and Skoda cars.

The remodeling, which is expected to be completed by the end of 2020, is against the backdrop that demand for luxury cars in China continues unabated, although sales in the world's largest car market have plummeted in the past two years.

For the Audi manufacturing process, the JV will also use the printing facilities of its newly built MEB platform, a Volkswagen platform that enables the efficient production of various electric vehicle models.

Volkswagen hopes to start production based on its MEB platform in Shanghai in the fourth quarter and has applied for government approval for the production of its electric ID.4 vehicles.

SAIC Volkswagen sales fell 37 percent year-over-year to 577,385 vehicles in the first half of 2020 as the coronavirus pandemic hit demand in China, while overall industry sales decreased 17 percent. The JV sold 2 million cars last year.

Swell):
Reuters

The article VW ID.4 should go into production in China in 2020 first appeared on Xiaomist .

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