Today, Prof. Dr. Jochem Heizmann, Member of a Board of Management of Volkswagen Aktiengesellschaft and President and CEO of Volkswagen Group China, and Chen Zhixin, President of SAIC Motor Corporation Ltd., sealed a pivotal agreement on a car destiny of a Volkswagen Group in China during a Volkswagen Group Forum DRIVE in Berlin. In a participation of Han Zheng, Party Secretary of a City of Shanghai and member of a Politburo of a Communist Party of China, Chen Hong, Chairman of SAIC Motor Corporation Limited, and Prof. Dr. Martin Winterkorn, Chairman of a Board of Management of Volkswagen Aktiengesellschaft, it was concluded to enhance a categorical plant of a Chinese corner try SVW in Anting to accommodate a new hurdles compared with a internal prolongation of electric car models. With this decision, full localization of a Volkswagen Group’s electric vehicles in China is to be gradually implemented.
“Volkswagen is a clever engine for a high-tech plcae China. Together with a long-standing partner SAIC, we are consistently forging forward with advanced, environmentally concordant technologies. With these technologies, we will figure a car destiny of China. One of a categorical emphases is on electro-mobility,” Winterkorn explained.
“Today’s agreement lays a substructure for a serve enlargement of a joining to Chinese multitude and a environment. We have been during home in China for some-more than 30 years. Over a subsequent 4 years, we devise to focus some-more than 15 opposite electric car models in China, including plug-in variety and entirely electric vehicles,” pronounced Heizmann.
With a growth and internal prolongation of electric vehicles and components, Volkswagen is holding a subsequent step in a serve enlargement of a investigate and growth imagination in China. Research activities in a margin of fuel cells and plug-in hybrid vehicles are to be strong as well.
It was also concluded that a new C-segment indication of a Volkswagen code would be constructed during a Anting plant, to a west of Shanghai, from 2016. In about 4 years time, a new electric car indication formed on Volkswagen’s Chinese bestseller, a Lavida, is due to hurl off a prolongation line during a Anting plant– this will be a initial entirely electric car constructed during a plant.
These agreements form partial of a sum investment of €22 billion in China designed by a Volkswagen Group together with a corner ventures by 2019. The largest investment module in a Chinese car attention to date is to be saved from a money upsurge of a corner ventures Shanghai Volkswagen and FAW-Volkswagen.
Together with a corner ventures Shanghai Volkswagen and FAW-Volkswagen, a Volkswagen Group delivered a sum of 3.7 million vehicles in China in 2014, representing an boost of 12.4 percent over a prior year. The Volkswagen Group has 29 car and member prolongation locations in China.