Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Volkswagen has started production of its modular electric drive matrix (MEB) models in China at its Foshan and Anting facilities with a joint annual capacity of 600,000 units. 


Two new models, ID.4X1 and ID.4.CROZZ1, will be launched in 2021 and will enable the company to increase its electric vehicle portfolio by 35pc over the next five years, it said in a statement. The company plans to launch eight similar ID models by 2023 in China. The Anting plant is expected to be 20pc more energy efficient compared to other plants of the same size while Foshan will be entirely powered by renewable energy, the company stated. 


In August this year, the German carmaker converted its Zwickau facility in Germany to produce EVs. Meanwhile, Ford also selected its factory in Cologne Germany to produce EV based on Volkswagen’s MEB platform. 

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