On November 5th, Michael Kirsch, CEO of Porsche China, stated that currently Porsche's sales and scale in the Chinese market are not sufficient to support local production.
On May 30th, Yadea announced the launch of the VF F200 electric motorcycle in the European market. The electric motorcycle was jointly developed by Yadea and Porsche.
The local official of Hefei, Anhui Province recently announced that Eberhard Weiblen, President and CEO of Porsche Consulting, visited the city. This news has led to market speculation that Porsche may establish its first vehicle production factory in China.