As we all know, Japanese automaker Toyota has been the world's best-selling auto brand for many years thanks to its balanced performance in the global market. However, Volkswagen has surpassed Toyota in recent years through its "big harvest" in the Chinese market. The relationship between the two is tense, and of course the competition is even more intense.
However, the two have always had major differences in strategic layout. Toyota prefers to control its own parts suppliers. For example, Toyota holds a certain amount of shares and voice in Aisin, a leading gearbox company, and has also invested in several Japanese automakers such as Subaru and Suzuki. Volkswagen prefers to buy, buy, and buy, and does not want to be constrained by equity. It purchases everything it wants directly, and it is a one-to-many purchase. If it cannot reach an agreement with a supplier, it will terminate the cooperation. Anyway, its own cars are so easy to sell, so it does not have to worry about not being able to find suppliers to cooperate with.
This layout has also been extended to new energy vehicles. Toyota began developing new energy vehicles as early as the end of the last century, and the Prius has achieved impressive sales worldwide. It has also been involved in the field of solid-state batteries for a long time. Next year, it will present a new energy vehicle model equipped with solid-state batteries at the Tokyo Olympics, which has made other car companies sweat.
On the other hand, Volkswagen is more inclined to buy, buy and buy. The new energy vehicles sold in Europe are basically powered by Korean batteries, such as LG and SK. The new energy vehicles Passat New Energy and Lavida Pure Electric launched in China use batteries from the well-known domestic battery supplier CATL. However, due to the problem of insufficient production capacity of battery suppliers, Volkswagen has long had the idea of developing its own batteries.
According to relevant information, Volkswagen has invested a huge amount of money in power batteries, of course mainly solid-state batteries, and will mass-produce them in 2025, allowing its own new energy vehicles to have a range of more than 1,000 kilometers. If Volkswagen's solid-state battery technology is really completed on time, then not only solid-state batteries, but the entire new energy vehicle market will usher in faster development.
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