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VW targets 50% cut in EV development costs with new China test centre

The German group said the development brings “end-to-end development capabilities directly to the Chinese market”.
Electrek

Volkswagen can now build EVs in China, claiming it can cut costs by up to 50%

For the first time, Volkswagen can now fully develop new vehicles outside of Germany. Volkswagen claims it can cut ...

VW Touts Up to 50% Reduction in Chinese EV Development Costs

Volkswagen AG said it will be able to slash the cost of developing an electric vehicle in China by as much as 50%, bolstering ...
Reuters

Roland Berger Releases Latest China Annual Trends Report: Unlocking Speed and Cost – Lessons from China's Competitive Edge

In 2024, Chinese companies have achieved significant global expansion, with key goods exports like electrical machinery, advanced equipment, integrated circuits, and automobiles surging by 20–50%. Non ...
The Economist

China’s industrial largesse may cost it $370bn a year in lost output

CHINA’S INDUSTRIAL policies have propelled it to the shiny edge of technological development. It boasts world-beating electric-vehicle (EV) production and top-notch robotics, and though it still lags ...