Audi to Launch Logo-Free EV Series 'Purple' in China, Targets Local Market with New Strategy

August 2, 2024
Audi to Launch Logo-Free EV Series 'Purple' in China, Targets Local Market with New Strategy
  • Audi is set to launch a new series of electric vehicles in China, notably omitting its iconic four-ring logo to protect its brand image.

  • The upcoming vehicles, codenamed 'Purple', will leverage a shared platform and components from local suppliers, including CATL batteries and advanced driving assistance systems from the startup Momenta.

  • Initially, Audi plans to introduce three models targeting the B and C segments, with the potential to expand the lineup to nine models by 2030.

  • While details about a new logo for these models remain unclear, Audi's existing EVs in China will continue to feature the traditional four-ring logo.

  • This branding strategy reflects Audi's aim to adapt to local market dynamics and increasing competition from domestic electric vehicle manufacturers.

  • In the first half of 2024, Audi sold fewer than 10,000 EVs in China, significantly trailing behind local brands like BYD and Nio.

  • Both Audi and its parent company Volkswagen are responding to the rapid growth of electric mobility in China by collaborating with local partners to regain market presence.

  • While Audi has not confirmed the specifics of the new branding, SAIC has assured that the upcoming EVs will embody 'authentic Audi DNA.'

  • Insider sources indicate that a concept car from the 'Purple' series is expected to be unveiled in November.

  • The decision to forgo the four-ring logo is primarily driven by brand image considerations as Audi seeks to align with shifting consumer preferences in China.

  • In addition to its collaboration with SAIC, Volkswagen is also partnering with Xpeng to release two mid-size vehicles by 2026.

  • This strategic move aims to differentiate the new electric models from existing ones developed in Germany, addressing the competitive landscape in the EV market.

Summary based on 4 sources


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