{
Ralf Brandstätter

People

}
001122334455554433221100
001122334455554433221100

Volkswagen and SAIC extend joint venture to enhance electric vehicle development

Volkswagen Group and SAIC have extended their joint venture to 2040, enhancing their collaboration in the rapidly evolving Chinese automotive market. This long-term agreement aims to accelerate the electrification of vehicles, optimize production efficiency, and implement ambitious decarbonization initiatives, ensuring a competitive edge in intelligent electric mobility. The partnership, which has lasted 40 years, focuses on developing new electric models and maintaining a leading market position in smart technologies.
CleanTechnica
Volkswagen AG SAIC MOTOR CHN DEU Ralf Brandstätter Wang Xiaoqiu
Technology & Innovation, Press Release
05:58 29.11.2024
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