Volkswagen and SAIC signed an agreement to jointly develop new energy vehicles

Posted on 6/4/2015 4:38:42 PM

Volkswagen Group Board of Management, Volkswagen Group (China) President and CEO Prof. Heizmann (Prof. Dr. Jochem Heizmann) and Chih-Hsin Chen, president of SAIC Volkswagen Group in Berlin DRIVE exhibition on China to further bilateral cooperation and development new energy vehicles signed the agreement. Professor Jia Qinglin, Shanghai Party Secretary Han Zheng, Chen Hong, chairman of SAIC and Volkswagen Group Management Board Chairman Martin Winterkorn (Prof. Dr. Martin Winterkorn) attended and witnessed the signing ceremony. The two sides will jointly decide Shanghai Anting Volkswagen production base upgrades, and production of new energy vehicles. This agreement is the Volkswagen Group to implement the localization of production of new energy vehicles in China has taken a solid step.
Prof. Winterkorn said: "The Volkswagen Group for their support and active participation of high-tech development of China's auto industry a long-term basis with SAIC solid cooperation, we will work together to strengthen research and development of advanced automotive technology, to jointly promote the industry before the row which. An important task is the development of new energy vehicles. "
"Thirty years we have roots here, and grow together with the Chinese auto industry." Volkswagen Group Board of Management, Volkswagen Group (China) President and CEO Prof. Heizmann (Prof. Dr. Jochem Heizmann) said "By implementing this agreement, Volkswagen will further support the sustainable development of Chinese society, the next four years, the Volkswagen Group will have more than 15 new energy vehicles in China localization of production, including plug-in hybrids and pure electric vehicles. "
With the new energy vehicles and parts locally developed, the Volkswagen Group will further enhance research and development capabilities in China, and strengthening research in fuel cell vehicles and plug-in hybrid electric vehicle sector.
In addition, the two sides also agreed, in Anting, Shanghai Volkswagen Automobile production base will produce the new C-class models of Volkswagen in 2016; four years Anting plant will also produce based on best-selling models Lavida electric car research and development, which will also be the production base production of the first pure electric vehicle.
By 2019, the Volkswagen Group and two joint ventures in China will invest 22 billion euros, which is by far China's largest investment in the automotive industry plan, which is the signing of this agreement is an important step.
In 2014, the Volkswagen Group (China) and Shanghai Volkswagen and FAW - Volkswagen work together to deliver about 3.7 million new cars, an increase of 12.4%. Volkswagen Group (China) now has 29 vehicles and auto parts production base in China.

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