Volkswagen Targets 300,000 Annual Vehicle Exports from China

Volkswagen aims to export a minimum of 300,000 vehicles manufactured in China each year by 2030, as stated by Ralf Brandstatter, the head of Volkswagen Group’s China operations, during a visit to Hefei, where the company has a significant research and development center. In addition to vehicles, Volkswagen will export technologies developed in Hefei to regions including Asia, the Middle East, and South America, but not Europe at this time.

These technologies include the vehicles' electronic architecture, developed in collaboration with Chinese company Xpeng, and a driver-assistance system produced with Horizon Robotics. Brandstatter emphasized that innovations from China will enhance Volkswagen's global competitiveness.

The company is also undergoing a substantial job-cutting initiative, planning to reduce its workforce by 100,000 by 2030, following a deal with unions to cut an additional 50,000 jobs. Volkswagen's reputation is still affected by a 2015 emissions scandal.