SAIC Volkswagen debuts electric concept vehicles at Auto Shanghai 2025

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.

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 20 pips to 7.0108 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.