VW has lots of brand attachment in China. Black Audis have been synonymous with rich officials since the 80s, and VW is not really a slouch either (they aren’t premium like their Audi brand, but that is true over here as well).
VW is just behind on EV tech, they don’t have much to offer their Chinese JV partners beyond a brand.
VW is just behind on EV tech, they don’t have much to offer their Chinese JV partners beyond a brand.