Strategy Note /
China

Volkswagen's EVs are taking off in China, may soon surpass NIO's market share

  • Volkswagen China achieved a milestone of 10,000 EV sales in September 2021

  • We dissect Volkswagen's EV sales through three perspectives: product, production and marketing

  • We expect VW to surpass NIO and Xpeng's market share very soon but remain shy of Tesla or BYD

Volkswagen's EVs are taking off in China, may soon surpass NIO's market share
Niko Yang
Niko Yang

Senior Analyst

EqualOcean
25 October 2021
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