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Volkswagen plans 20 new energy vehicle launches in China.
Volkswagen plans to launch 20 new energy vehicles in China with local partners like Xpeng.
KEY POINTS
- Volkswagen is increasingly relying on Chinese suppliers for autonomous driving and advanced in-car software.
- Younger Chinese consumers now prefer affordable domestic EVs over traditional German automakers' offerings.
- Analysts warn German automakers could lose historic market influence if they fail to innovate in China.
COMPANIES
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