About the new energy vehicles, the next four to five years will be achieved fifteen new energy vehicles localization of production, including the localization of parts and modular. In addition, we will have twenty balance of imports of new energy models for Chinese consumers. As we enter the deployment phase of this plan, in 2020 we expect to reach the scale of hundreds of thousands of new energy vehicles in China sales will.
The promotion of new energy vehicles is no doubt going to use part of the focus on customer convenience, one is driving mileage, a universal charging mode. A combination of factors, for the public, our main thrust in the short-electric hybrid, one can achieve high voltage charging, while driving the process if a dead battery can be quickly switched to the internal combustion engine, from the convenience of use In the short term it is very suitable for the Chinese market.
In the development of pure electric vehicles, the need to seek a breakthrough in battery technology, there are questions about the cost of the battery, making any car to be sure there is a reasonable cost for cost control in public internal battery has a a high degree of attention, not just pure electric cars or hybrids we are all looking for ways to reduce the cost of batteries. In the battery on the basis of further expect a breakthrough in battery technology and energy density, compression on the final cost of the battery.
I think when it comes to charging standard is fast filling a critical standard, currently the country has been promoting and developing, but has not finalized. I think in the right direction, but as soon as possible, to ensure that standards are the same anywhere in China. In addition to the physical geometry of a standard charger and plug in size than the other one is the need to have an integrated, ease of. Especially when it comes to fast charge fast charge there is a certain risk of the high-pressure environment, but in the market, we do have a method to overcome the high pressure environment of security charge to ensure that no leakage, we will implement as soon as possible to ensure that these programs.
Pay more attention to the passenger car market in the future
Heizmann: Speaking of trends and public performance in the Chinese market in the first quarter, the first thing I would emphasize is that we pay more attention to the passenger car market, a quarter of China's passenger car market growth rate is 15%, which is a way to make Surprisingly growth. The public did not keep up with the 15% of the passenger car market so fast growth rate, for the following reasons: The first reason is that we are launching several new models, the production line is also in the process of switching and increase production, including the new Jetta and Ling crossing, the introduction of new models affected our growth.
The second reason for growth in the passenger car market from a number of market segments, the segment is the Volkswagen Group does not participate in the market segments. China's passenger car in the first quarter was the fastest growing markets, a low-cost SUV market, this market is growing very rapidly; the other is the low-cost MPV. These two market segments are not involved in the public, we have no corresponding product in the market.
Volkswagen used car salvage aspects good reputation
Heizmann: In fact, the price of a normal challenge, I want to emphasize is the price factor is only part of the overall factors, we should spend more energy to the owners as well as consumers stressed that the overall program. We hope to be able to consider the purchase price of the owners also consider outside of the vehicle, including equipment, staffing levels and the level of the residual value of the car used car. In many developed countries the automotive industry, the level of the residual value of a used car is a very important factor in the total cost of ownership among a For car owners.
Volkswagen used car salvage aspect has a very good reputation. On China's road to a VW car 2-40000 kilometers after its quietness, color, size and other parts have maintained a good stability, so the public in the residual value of used cars is very healthy long.
I think when it comes to the price factor between China and Europe to make a comparison, in Europe, for the owners, a new car models are not willing to buy or can not afford, one would consider buying a cheap new car, or buy a reliable used car. The Volkswagen used car to maintain a good quality overall is very popular with owners welcome. I think the owners in China will soon have such psychological and choice.
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