Volkswagen reveals ID.Next electric sedan in a bid to win back market share in China- looki – Luxury cars

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Volkswagen surprised the 2023 Shanghai Auto Present by unveiling its new ID.Subsequent electrical sedan idea. The ID.Subsequent was showcased subsequent to the VW ID.7 Vizzion, the Chinese language mannequin of its new electrical sedan produced by FAW Volkswagen.

Volkswagen held an “ID Night time” that includes all autos within the model’s (SAIC-Volkswagen) lineup for China, together with the ID.3, ID.4 X, and ID.6 X.

The ID.Subsequent was revealed carrying a particular camouflage jacket. In accordance with the automaker, the electrical sedan will function a dwelling cockpit area designed to characterize its dedication to defending the setting and sustainability.

Though few particulars of the EV have been shared, the ID.Subsequent will probably be made by SAIC-Volkswagen, a three way partnership between Chinese language state-owned automaker SAIC Motor and the Volkswagen Group.

On the surface, the automobile clearly resembles Volkswagen’s newly launched ID.7 electrical sedan for world markets. But the mannequin features a full-length mild bar, distinct, sharp strains on the physique, and a barely smaller look.

Apparently, Volkswagen’s different three way partnership in China, FAW-Volkswagen, has additionally launched its model of the ID.7 known as the ID.7 Vizzion.

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Volkswagen-SAIC ID.Subsequent electrical sedan (Supply: Volkswagen-SAIC)

How the ID.Subsequent suits in VW’s electrical automobile technique

International automakers, equivalent to Volkswagen, are required to kind partnerships (or joint ventures) in China to provide and promote autos regionally.

Volkswagen has two joint ventures in China, one with SAIC and the opposite with FAW. When Volkswagen launches a brand new mannequin, it’s typical for each JVs to provide it. Whereas SAIC makes the ID.4 X and ID.6 X (variations of the VW ID.4 and ID.6 in China), FAW produces the ID.4 Crozz and ID.6 Crozz.

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SAIC-Volkswagen ID.Subsequent electrical sedan (Supply: SAIC-Volkswagen)

With this in thoughts, the ID.Subsequent will probably be SAIC-Volkswagen’s model of the ID.7, whereas FAW will promote the ID.7 Vizzion.

The ID.Subsequent is ready to compete in a quickly increasing Chinese language EV market towards BYD, Tesla, Geely, NIO, XPeng, and a unending listing of upcoming electrical sedans in China.

Electrek’s Take

The revealing arrives concurrently with an announcement that Volkswagen Group would carry new fashions to market faster in China, investing €1 billion (roughly $1.1 billion) to determine an innovation and improvement middle for electrical autos within the area.

Volkswagen has dominated the auto market in China since across the Nineties. Nevertheless, Volkswagen has watched its market share dwindle as new home EV makers take middle stage, with general gross sales falling 3.6% in 2022.

For instance, BYD surpassed Volkswagen in passenger automotive gross sales within the first three months of 2023 because of hovering demand for battery electrical autos.

Volkswagen might want to act urgently after unveiling plans to introduce ten new EV fashions by 2026.

What do you guys suppose? Does Volkswagen have an opportunity of reclaiming its share? We’ll hold you up to date on the state of affairs as we hear extra.

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