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Investor Presentaiton

VOLKSWAGEN GROUP CHINA New Energy Vehicle strategy supported by Chinese Government Subsidies for local NEVS¹) • National subsidies for NEVS Purchase tax exemption (10% Net Selling Price) No,,circulation tax" Direct subsidy (up to 55,000 RMB for BEV 30,000 RMB for PHEV) Additional subsidies from local provinces Infrastructure investments ➤ Target: Charging infrastructure for 5 million NEVs by 2020 12,100 charging stations (mainly along the east coast) 4,800,000 charging pillars Beijing Shanghai Number plate access Easier access to number plates in some restricted cities C-01559 Free number plates for a certain amount of NEVs Free parking space for NEVS (in discussion) Free NEV driving lanes (in discussion) 1) Subsidies are supposed to run until 2020. Volkswagen Group China - Introduction to China and Volkswagen Group China Chinese Market Volkswagen Group in China Strategy and Future Development 12
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