“VW aims to meet tough China green car quotas, no plan to buy credits”
German carmaker Volkswagen plans to comply with China’s planned quota for e-cars without buying additional credits from competitors, reports Jake Spring for Reuters. "We are fully with all forces working to be able to fulfil this quota system already next year,” China CEO Jochem Heizmann told reporters ahead of the Shanghai motor show. VW also plans to launch a pure battery electric vehicle in China this year, reports Reuters in a separate article. A lack of clarity about whether electric car quotas would be softened is forcing VW to push ahead with an aggressive launch schedule for electric cars in China, said Heizmann. The company also reported a 28 percent jump in first-quarter operating profit for 2017, with the turnaround at the VW brand a key, writes Reuters in a third article.
Read the articles in English here, here and here.
For more on VW’s plans read the CLEW factsheet Dieselgate forces VW to embrace green mobility.