Volkswagen CFO on Xpeng Deal, Derisking

The transcript discusses a company's strategic approach to strengthening its position in the Chinese market through partnerships and local development. It outlines a three-pillar strategy focusing on local R&D, technology partnerships, and product development tailored for the Chinese market. The company aims to improve competitiveness and address government concerns by focusing on local strategies rather than global expansion.

What is the main reason the company is focusing on the EV segment in China?

• To reduce production costs

• To expand globally

• To catch up with competitors in the EV segment

• To maintain their market share in combustion engines

Which company is collaborating with the firm to enhance driving assistance functions?

• Thundersoft

• Verizon Robotics

• X Pong

• Goshen

What is the focus of the third pillar in the company's strategy?

• Reducing battery costs

• Improving in-car entertainment

• Local product partnerships

• Global market expansion

How does the company plan to address the German government's concerns about de-risking?

• By focusing on global market strategies

• By reducing investments in China

• By aligning with local market needs in China

• By increasing exports to other countries

What is the expected outcome of the company's three-pillar strategy?

• Midterm catch-up in the EV segment

• Immediate global dominance

• Complete withdrawal from the Chinese market

• Short-term financial gains