Key Points
DETROIT, Nov 9 (Reuters) - Volkswagen (VOWG_p.DE) aims to bring an under $35,000 electric vehicle to the U.S. market in 3-4 years, while Chinese automaker Nio said it is still "debating" a 2025 entry into North America, senior executives said on Thursday at a Reuters conference...
"We are not scaling back" plans for EVs in the U.S. market," said Reinhard Fischer, senior vice president and head of strategy at VW Group of America...
Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, Fischer said VW plans to build the under-$35,000 EV in the United States or Mexico...
At the same conference, Iyer said Nio needs to build infrastructure before bringing electric vehicles to North America and that the company is considering "any kind of partnerships."..
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