Key facts: VW 20+ CN NEVs;backs US caps;Everllence sale ties PSE 10%
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Volkswagen to add 20+ NEVs in China in 2026 and target 50 NEV models by 2030. Second JV EV with Xpeng due this year; both made at Hefei plant (350,000 annual capacity).1Volkswagen joined U.S. auto groups urging the government to keep cybersecurity limits blocking Chinese automakers and oppose Chinese production in the U.S., ahead of a planned Trump–Xi meeting.23Volkswagen will sell a majority stake in Everllence only if Porsche SE takes about a 10% co-investor stake, linking the sale to Porsche SE’s minority participation.4
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