Volkswagen, JAC Launch New Electric Car Joint Venture In China

3 days ago by Eric Loveday 8

Volkswagen I.D. Crozz Concept

Volkswagen is pushing forward with its electrification efforts by signing a 50% joint venture agreement with the Chinese automaker Anhui Jianghuai Automobile (JAC).

The joint venture has a 25-year agreement. The main focus is to develop and launch electric vehicles in the Chinese market.

JAC IEV6S – 0-50 km/h (31 mph) acceleration in 3.9s

An additional factory will be constructed in China for this purpose.

As Green Car Congress states:

“The joint venture also includes the development and production of components for new energy vehicles (NEV), the development of vehicle connectivity and automotive data services.”

According to Volkswagen, “the new partnership is a further milestone in our electric offensive in China. Just as we have played a key role in shaping mobility together with our partners in China over the past 30 years or more, we want to play our part in shaping the mobility of the future: electric, fully networked and in line with the needs of our customers.”

Quoting Matthias Müller, CEO of the Volkswagen Group:

“With the new joint venture, the Volkswagen Group is also consistently pursuing the ambitious targets of its program for the future “TOGETHER – Strategy 2025” in China and is reinforcing its global endeavors for sustainable mobility. In the People’s Republic, the Group’s electric offensive is to be rapidly implemented together with the three Chinese partners—FAW, SAIC and JAC.”

The JV has laid out a goal too:

  • To deliver 400,000 electric vehicles to the Chinese market in 2020 and 1.5 million electric vehicles in 2025.

The first jointly developed electric car should launch in 2018.

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8 responses to "Volkswagen, JAC Launch New Electric Car Joint Venture In China"

  1. Alaa says:

    Will VW last 25 years?

    1. Serial anti tesla troll thomas says:

      Yes it will and at least longer than Tesla.

      1. Alaa says:

        Is that because Qatar owns a big part of it?

  2. Pantarei says:

    Came across this in my youtube subscription box today;
    https://www.youtube.com/watch?v=F4DoI5YV_c0&t=0s

  3. Nada says:

    VW is also rolling out several EVs under their brand starting later this year using CATL batteries…

  4. Martin T. says:

    Amazing isn’t it that it takes Communist China to force / encourage VW to make EV’s in China.
    See VW it is possible – you just need government mandated legislation to force criminal car companies like you into action.
    Clean Diesel and year upon year of prototype BS show cars many of us will NOT forget or forgive.

    1. Joppe says:

      What are you talking about? China has been a huge market for VW for years.

      Electric cars are more and more popular in China due to the pollution problems. That is why they also have stopper many planned fossil fuel power plants. They are number One in solar, and wind is growing.

      If you’re not seeing the EV momentum that VW is working on, you need to read more Technology news.

      The time to market in China is quicker then in the US og Europe. They will start to get Electric VW cars 12-16 month before the rest of us.
      The first models will be sold in China only, as the platform VW will use in the West will be different.

      The scale of what to come is massive. They need high volume to make a profit.

      We must all just hope Tesla starts to make money by then, and at the same time never stops to inovate, and be flexible as the company grows. As of now, VW makes more cars in two weeks then Tesla makes in a year. Size makes a company slower to react to changes, but will have more momentum when they first do.

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