Volkswagen (VOW) Investor update summary

Strategic transformation and localization in China

• Accelerated transformation into a tech-driven leader, focusing on innovation and local integration in China, leveraging Chinese innovation and partnerships for rapid product development.

• Fully localized strategy with a new electric electronic architecture built in 18 months, a development hub in Hefei, and VCTC as the largest R&D center outside Germany.

• Reduced development time by 30% and platform costs by up to 50%, with deep integration into China's innovation ecosystem.

• Transformation aims to regain market leadership in China and position as a global automotive tech leader.

• Emphasis on "in China for China" with German engineering and strong Chinese partnerships.

Product and technology offensive in China

• Over 20 new energy vehicles launching in China in 2026, expanding to 50 models by 2030, including 30 all-electric vehicles.

• Four world premieres: Volkswagen ID. UNYX 09, ID. AURA T6, JETTA X, and Audi E7X, all tailored for the Chinese market.

• New models feature advanced local R&D, including China Electronic Architecture (CEA) and CARIZON's L2 Advanced ADAS.

• Audi E7X debuts as a fully electric premium SUV with up to 500 kW power, L2++ driver assistance, and Level 3 automated driving planned.

• JETTA brand expands into the entry-level NEV segment, targeting the RMB 100,000 segment, with four new models by 2028.

Market expansion and portfolio strategy

• 13 new NEV models launching this year, over 30 by 2029, across ID. AURA, ID. AERA, and ID. UNYX families.

• Diverse powertrains offered, from battery electric to plug-in hybrid and range extenders, to meet varied market needs.

• Emphasis on delivering smart, practical, and safe vehicles at all price points without compromising quality.