Jochem Heinzmann, Lee Ki-Sang.
“We are fully with all forces working to be able to fulfil this quota system already next year.”
Ahead of the Shanghai Motor Show, Volkswagen China CEO Jochem Heinzmann underlines the group’s strategy to face the country’s upcoming quotas on its own – without the help of competitors’ credits. VW as the largest foreign automaker in China, is significantly affected by the nation’s powerful promotion of PHEVs and EVs.
“If a really new, next-generation battery appears, like magic, around 2025, then the market share of electric vehicles will go from 20 to 30 percent to 80 to 90 percent of the whole market.”
Lee Ki-Sang, Senior vice president and in charge of Hyundai’s eco-car powertrain division, shares his expectations towards new tech and puts his bets on solid-state batteries or those using a lithium-sulfur or lithium-air chemistry.