Volkswagen China CEO: goal to more than double ID EV sales this year looks “promising”

This post was originally published on this site

https://i-invdn-com.investing.com/trkd-images/LYNXMPEI6E0B0_L.jpg

VW is expecting to deliver 15,000 to 20,000 ID cars per month in the upcoming months, Stephan Wollenstein, the company’s China CEO told a media briefing on Friday.

He also expected “tremendously high growth” in the second half of the year compared with a year earlier, for both the automaker and the overall industry, which is rebounding from the impact of COVID-19 lockdowns in the first half.