Volkswagen’s head of China has said the group will recover from a tepid launch of its electric models in the world’s largest car market, after fierce competition resulted in a disappointing early sales.
The world’s second-largest automaker delivered a total of 1.84m cars in China in the first half of the year, a rise of 16.2 per cent over the same period last year and just below the 1.92m units for 2019. VW’s premium brands Audi and Porsche notched record sales during the period.
But the group’s ID series of electric vehicles has failed to replicate its success in Europe in China, marking a setback for the global automaker’s €35bn electrification strategy.
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