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

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

China's top state planner has approved a joint venture proposition placed by Volkswagen and JAC Motor (Anhui Jianghuai Automobile Group) some eight months ago.

The two automakers intend to invest roughly 5.1 billion yuan ($740 million), and sell 100,000 all-electric vehicles annually in the country.

The next step is the completion of the required administrative procedures (always a fun time in China), and then the project will take off.

Volkswagen is currently China's largest foreign automaker, and overall would like to sell 400,000 New Energy Vehicles (all-electric and plug-in hybrid) annually in the future.

Other Volkswagen JVs have been established with SAIC Motor and China FAW Group.

source: Reuters

Got a tip for us? Email: tips@insideevs.com