According to a Reuters report, the German automaker Volkswagen will compete with Tesla to launch an electric car with a price of less than 20,000 euros (about 160,000 yuan). For this purpose, three German factories were transformed into electric vehicle factories.
The source said that Volkswagen’s electric car program is called “MEB entry” and the target production is 200,000 units. Volkswagen will discuss the plan at the supervisory board on November 16. Volkswagen is also preparing to discuss alliances with battery manufacturers SK Innovation and Ford at the conference. According to another person familiar with the matter, Volkswagen will discuss the Volkswagen transformation plan at the strategic meeting on November 16, and Volkswagen plans to transform from the largest internal combustion vehicle manufacturer in Europe to a large electric vehicle manufacturer.
Volkswagen has been found to have cheated in the diesel emissions test, and with the ban on diesel engine vehicles in major European cities, the Volkswagen Group has also begun to seek strategic changes. At the same time, Germany hopes to ensure that 600,000 jobs are not affected, of which 436,000 are within the automakers and their suppliers. Volkswagen and other automakers are working hard to adapt quickly to this strict rule.
Post time: Nov-16-2018