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Volkswagen, FAW venture to launch 11 new models tailored for China from 2026

The joint venture of Volkswagen and FAW Group (SASACJ.UL) said on Monday it will launch 11 new Volkswagen and Jetta branded models tailored for the China market from 2026.
The Volkswagen and FAW Group joint venture in China plans to launch 11 new models starting in 2026, focusing on electric vehicles (EVs) tailored for the Chinese market. This initiative is part of Volkswagen's broader strategy to enhance its presence in China, the world's largest auto market, by adapting to local consumer preferences and regulatory requirements. The new models will include both fully electric and plug-in hybrid options, aiming to meet the increasing demand for sustainable transportation solutions in China. This move also reflects Volkswagen's commitment to its electrification strategy, aiming to significantly increase its EV sales in the region.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/volkswagen-faw-venture-to-launch-11-new-models-tailored-for-china-from-2026/ar-AA1B3fwf ]