Volkswagen just unveiled a boxy electric SUV under its Jetta badge that aims straight for China’s cutthroat budget market. Priced around 100,000 yuan—about $14,700—the Jetta X concept promises to deliver four wheels and batteries for less than a used Corolla costs stateside. But don’t pack your bags for Beijing. This one’s staying put in the Middle Kingdom. The concept debuted April 21 ahead of the Beijing Auto Show, courtesy of FAW-Volkswagen’s Jetta sub-brand, which has peddled cheap gas-burners since 2019. Now it’s going electric. Expect production by late 2026 from FAW, riding the China-developed Compact Main Platform, or CMP. No specs yet on battery size, range, or power. Just a rugged silhouette: narrow LED lights, black cladding on squared fenders, red tow hooks, skid plates. Inside? Massive screens, sparse buttons. Modern Robust, they call it. Jetta plans five new models by 2028. Four will be NEVs—new energy vehicles, China’s term for EVs and plug-in hybrids. The brand eyes 400,000 annual sales.…