According to Chinese media reports, the three new models, codenamed 'A', 'B', and 'C', will encompass a range of electrified vehicle segments, including battery electric vehicles (BEVs), extended-range electric vehicles (EREVs), and plug-in hybrid electric vehicles (PHEVs).
Model A, a PHEV sedan, is a
modified version of SAIC's existing Roewe D7. Model B, an SUV, is based on a platform from
IM Motors, another prominent Chinese electric vehicle brand. Volkswagen will
lead the development of Model C, an electric SUV built upon the innovative CEA
platform, a collaborative effort between Xpeng and Volkswagen. All three models
are expected to be launched under the Volkswagen brand, rather than a separate
sub-brand.
According to the China Passenger Car Association (CPCA), SAIC-Volkswagen achieved remarkable sales figures in the first eleven months of 2024, delivering approximately 1.049 million vehicles. In November alone, sales surged to around 123,000 units, marking a 6.27% increase compared to the same period in 2023. This strong performance translated to a 5.1% market share, solidifying SAIC-Volkswagen's position as the seventh-largest player in China's retail car sales market.