JAC VW Targets 400,000 New Energy Vehicles Sales In China In 2020
30 plug-in models in 2 years. 400,000 produced annually in 2020
JAC Volkswagen, the joint venture between Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Ltd. (JAC), held a groundbreaking ceremony of the new R&D center in China, dedicated to electrification, connectivity and autonomous driving.
Volkswagen plans to launch in China 30 New Energy Vehicle models in the next two years, which means by the end of 2020. About half of them are to be produced in China.
The goals set by the Volkswagen Group China are pretty bold:
- 400,000 NEVs to be sold in 2020
- around 1.5 million to be sold in 2025
“Today’s groundbreaking for the R&D centre is another breakthrough in the history of JAC Volkswagen. Electrification and making cars smart are the key directions for the transformation that is happening in the automotive industry. With the strong support of the shareholders and all the sectors, the company is seizing the opportunity to pursue innovation-driven development in its new energy vehicle offensive, and move towards the future of sustainable mobility.”
“I feel very proud and excited to witness this historic moment. With the rapid development of the electric vehicle industry, JAC Volkswagen, as the first joint venture dedicated to these vehicles in China, is taking full advantage of its shareholders’ resources to meet the needs of Chinese customers and build a sustainable mobility future with new technology.”