Volkswagen Group China Strategy and BEV Outlook

Deepened & differentiated partnerships of Audi brand Acceleration for Audi brand Broaden existing VOLKSWAGEN GROUP Differentiated partnerships Audi FAW NEV Company FAW >>> premium portfolio Tailored & competitive ICV 1 product offerings Model launches starting in 2025 Strengthening "in China for China" strategy 1. ICV Intelligent connected vehicle SAIC on track starting end of 2024 >>> Focus on PPE platform Current portfolio focusing on upper mid-size segment & above Joint development of next ICV generation 11

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