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© Reuters. FILE PHOTO: A Volkswagen logo is seen as it launches its ID.6 and ID.6 CROZZ SUV at a world premiere ahead of the Shanghai Auto Show, in Shanghai, China April 18, 2021. REUTERS/Aly Song/File Photo

SHANGHAI (Reuters) – Stefan Mecha, chief executive of Volkswagen (ETR:)’s passenger car brand in China, on Saturday urged China to extend a purchase tax exemption on new energy vehicles (NEV) beyond this year.

Volkswagen plans to increase the number of charging posts in China for electric vehicles to 17,000 by 2025 as it increases investments in the country to catch up the electrification trend, Mecha said an industry forum in Beijing.

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