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Volkswagen CEO Admits Chinese Automakers' Rise Stems from 30-Year Strategy and Exceptional Execution

From:Internet Info Agency 2026-04-02 09:14:51

Volkswagen Group CEO Oliver Blume recently commented publicly on the rapid rise of China's automotive industry, stating it is no accident but rather the result of 30 years of systematic planning—particularly accelerated since the pandemic. He acknowledged that Chinese brands have swiftly launched a large number of high-quality products in the new energy vehicle (NEV) segment by following a "learn–imitate–innovate" approach, now dominating the market and setting technological standards. For example, Volkswagen’s market share in China has dropped from over 20% to around 13% in 2025, while Skoda has even exited the Chinese market entirely. Volkswagen’s newly launched extended-range electric vehicle, the ID.ERA 9X, starts at just RMB 329,800—a technology previously dismissed as outdated by the company’s former CEO—highlighting the intense competitive pressure. Blume concluded that the key to Chinese automakers’ “overtaking on the curve” lies in their clear organizational structure, strict discipline, and strong execution capabilities, which he sees as the core reasons behind their successful industrial transformation.

Editor:NewsAssistant