FAW-Volkswagen

Leapmotor and FAW will collaborate on the development of new EV models based on Leapmotor's B platform for sale in overseas markets, according to a local media report.

FAW-Volkswagen will launch six BEVs, two PHEVs, and two EREVs from 2026.

This is to celebrate the third anniversary of the launch of the ID.4 Crozz, which has a discounted starting price as low as RMB 139,800, FAW-Volkswagen said.

The Volkswagen ID.7 Vizzion's main competitors in China will be models including the Tesla Model 3 and BYD Han EV, with a price tag in between.

SAIC-Volkswagen is offering discounts of up to RMB 42,000 for the ID.3, while FAW-Volkswagen's ID.6 CROZZ is priced at RMB 63,000 less than its website shows.

The ID.7 is 4,956 mm long and is powered by an electric motor with a peak power of 150 kW.

FAW-Volkswagen's retail sales of NEVs in January-February were 9,572 units, down 8.3 percent from 10,442 units in the same period last year.

FAW-Volkswagen's ID. lineup, which includes the ID.4 CROZZ and ID.6 CROZZ, has sold more than 20,000 units since their launches.

FAW-Volkswagen began deliveries in China on July 18 of the ID.6 CROZZ, a mid-size all-electric SUV built on the MEB modular platform.

FAW-Volkswagen had planned to produce about 610,000 vehicles in the second quarter of this year, but due to chip shortages, it is expected to produce only 400,000 vehicles, a cut of about 30 percent, yicai.com reported Monday.