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The new Touareg will be shown for the first time in China.

Volkswagen has announced that it will officially unveil its third-generation Touareg SUV at an event in Beijing, China on March 23. The German automaker also issued a single teaser image of the new Touareg.

Not much is known about the next-generation Touareg, but the SUV is set to ride on a version of VW's MLB platform, which currently underpins vehicles like the Audi Q7 and Porsche Cayenne. That should mean a lighter curb weight for the new Touareg, as well as advanced features like an air suspension, rear-wheel steering and roll stabilization.

We're expecting a more up-scale interior for the third-generation Touareg, and VW has already confirmed a new Innovision Cockpit digital gauge cluster. The Touareg should also come equipped with the latest semi-autonomous vehicle technologies.

VW last sold the Touareg in the United States for the 2017 model year. The automaker decided to pull the plug on the Touareg due to slow sales — VW moved just 1,630 units of the SUV in the six-months leading up to its cancellation.

Price was likely a key factor of the Touareg's slow sales, with the SUV carrying a base price of $50,450 in 2017. In comparison, a newer and more technologically advanced Audi Q7 can be had for $49,900.

Following its March 23 unveiling the new Touareg will likely be shown to the public for the first time at the Beijing auto show. We could see the premium SUV for the first time in the U.S. at the New York auto show.