Written by Cláudio Afonso | info@claudio-afonso.com
Volkswagen Group China announced on April 18 that its plants in Changchun have gradually resumed production from Monday. The company said it was still “studying the feasibility of resuming production at its plant in Shanghai”, which it manages through a joint venture with SAIC Motor, Reuters reported.
On Friday, Volkswagen and General Motors partner SAIC Motor, said it was preparing to resume production at its factories in Shanghai in line with the city’s COVID prevention requirements.
Last week, also NIO said that “the supply chain has recovered slightly, and the Hefei production base is gradually backing to normal”. The electric vehicle maker had announced on April 9 the suspension of the vehicles production due to Covid-19. NIO’s supply chain partners in Jilin (Shanghai) stopped production forcing the company to suspend the production of its vehicles.
Recently, during Volkswagen’s Q4 2021 Results Conference Call on Tuesday evening, CEO Diess was questioned about the Chinese EV makers as a competition. Herbert Diess named NIO and XPeng as the main competitors due to its “technology-oriented” spirit.
Written by Cláudio Afonso | info@claudio-afonso.com