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Volkswagen and FAW to introduce 11 new models in China by 2026

FAW-Volkswagen plans to launch 11 new models in China starting in 2026, including 10 new energy vehicles (NEVs) and one internal combustion engine model. The lineup features six battery electric vehicles (BEVs), two plug-in hybrids (PHEVs), and two extended-range electric vehicles (EREVs), marking a shift in Volkswagen's strategy towards EREVs despite previous skepticism. The Jetta brand will debut its first electric model targeting the entry-level market, utilizing the locally developed CMP platform and advanced digital services through the CEA architecture.

Li Auto unveils first all-electric SUV Li i8 amid investor optimism

Li Auto has unveiled its first all-electric SUV, the Li i8, as part of its new i-series, aiming to enhance its competitive edge in China's BEV market. The announcement has boosted investor confidence, with shares rising 11%. Despite plans for more BEVs, the company has delayed launches until 2025 due to underwhelming performance from its Li Mega model.

Chinese automakers embrace extended-range electric vehicles to meet consumer demand

The demand for Extended-Range Electric Vehicles (EREVs) is surging in China, with sales jumping 173% last year as consumers seek affordable options with longer ranges amid inadequate charging infrastructure. Major automakers, including Zeekr and Avatr Technology, are now pivoting to develop EREVs, reflecting a significant shift in the market. As the industry evolves, plug-in hybrids are expected to maintain strong sales for the next few years, while fully electric vehicles remain the long-term goal.
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