Volkswagen Group CEO Oliver Blume is revving up praise for China’s electric vehicle (EV) market, calling competition from local automakers a "positive force" driving global innovation. In an exclusive interview with CGTN at the China International Import Expo (CIIE) in Shanghai, Blume highlighted how the rapid rise of Chinese carmakers is accelerating tech advancements worldwide.
⚡ Why It Matters
China’s EV sector isn’t just growing—it’s dominating. With homegrown brands like BYD and NIO pushing boundaries in battery tech and smart features, global giants like Volkswagen are stepping on the gas to keep up. "This competition benefits everyone," Blume said, comparing it to a high-speed race where "the finish line keeps moving forward."
🌍 A Win for Global Drivers
Blume emphasized that innovations born in China—think ultra-fast charging and AI-driven interfaces—are reshaping the industry far beyond its borders. "What’s developed here today could be in European or American cars tomorrow," he noted, adding that Volkswagen plans to deepen its R&D partnerships in the Chinese mainland.
🔋 Charging Ahead
With over 30% of Volkswagen’s global sales coming from China, the automaker is betting big on the region’s shift to green mobility. Blume teased upcoming EV launches tailored for Chinese consumers but hinted they’ll have "global appeal"—think sleek designs and budget-friendly prices. 🚙✨
