VW to Introduce New Luxury Sedan and EV Model in China

 At a glance of China’s growing importance for automakers, Volkswagen is planning to develop two new bespoke vehicles.

Shanghai Volkswagen Automotive Co.,its joint venture with China’s SAIC Motor Co. and Volkswagen AG, will produce a new luxury sedan, while VW’s second joint venture in the country with the China FAW Group Corp., FAW-Volkswagen Automotive Co., will develop a dedicated electric vehicle for the launched Kali brand. The car will be a compact premium sedan for the Chinese market that is based on VW's "most advanced platform and engine technology”, With the new agreement, SAIC wants to extend its reach in the premium segment and China FAW Group Corp. wants to enter the growing electric vehicle market .more updates of which are to be released later.