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SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

China

China

China

SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

2025-04-24 19:24 Last Updated At:20:17

SAIC Volkswagen, China's first joint venture for passenger cars between Volkswagen Group and SAIC Motor, debuted several electric concept vehicles at the 21st Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2025.

Among the concept vehicles on display is the ID.ERA by SAIC Volkswagen -- Volkswagen Group's first range-extended full-size SUV concept.

This model features a fuel-powered generator that charges the battery during operation, providing an extended range of over 700 kilometers. Along with its 300-kilometer range in battery mode, the ID.ERA achieves a total driving distance exceeding 1,000 kilometers.

"This is a 'new automotive era' defined by Chinese consumers. The ID.ERA's appearance is bold, pure, exceptional, and robust, unmistakably reflecting Volkswagen's identity. It also integrates a brand-new design language exclusive to China that exudes a sense of luxury and futurism," said Tao Hailong, general manager of SAIC Volkswagen.

Another concept vehicle presented at the event is the E5 Sportback, the first production model from AUDI, Audi's new sister brand developed in collaboration with SAIC Motor.

This fully electric model, jointly developed by experts from Germany and China, features a range of up to 770 kilometers, providing Chinese consumers with a premium mobility option.

SAIC Volkswagen will introduce 20 new models by 2030, further advancing the realm of joint ventures.

"We uphold precise manufacturing processes, strict safety testing standards, and complete safety testing procedures. We build a software and hardware integrated security protection system based on driving assistance algorithms and chassis tuning capabilities, solidifying our position as consumers' preferred premium mobility partner," Tao said.

Themed "Embracing Innovation, Empowering the Future," Auto Shanghai 2025 kicked off in Shanghai on Wednesday, attracting nearly 1,000 noted enterprises from 26 countries and regions.

SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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