Volkswagen plans to take on Tesla's Model X in China

Volkswagen plans to take on Tesla's Model X in China

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/14/volkswagen-plans-to-take-on-teslas-model-x-in-china.html

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla's Model X as the German carmaker ramps up production of zero emissions vehicles.

The planned new SUV is the latest move in Volkswagen's aggressive growth strategy in China, where electric cars are given preferential treatment by authorities.