Volkswagen Group China Strategy and BEV Outlook

Group Product & Tech Strategy China 100% Tech Co. 1 ADAS Anhui Horizon Robotics CARIAD China B0213648 Infotainment Thundersoft VOLKSWAGEN GROUP New partnerships Xpeng Local JV partners FAW & SAIC Expansion of our development capabilities with 100% Tech Co. Technology partnerships to enforce customer centricity & upgrade UX Product partnerships to broaden & upgrade the product portfolio 1. Volkswagen Group China Technology Company ("VCTC"). 9

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