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JAC, VW's First Electric Vehicle to Be Produced in 2018

Pub Date:17-06-20 10:49 Source:www.cnanhui.org

The municipal government of Hefei, capital of East China's Anhui province, and JAC Motors, a local carmaker, signed an agreement with Volkswagen in Wolfsburg, Germany in mid-June, vowing to set up a joint venture to make electric vehicles.

Under the agreement, the new company will go into operation in 2018.

JAC and VW will work together to develop new-energy auto parts and expand their reach into vehicle connectivity technology and automotive data services.

Construction on a new plant and a research and development center will be accelerated, the document said, adding that a platform for used cars is set to be built.

Matthias Mueller, CEO of Volkswagen Group, called the new joint venture a milestone in its electric offensive in China. He said VW will form great partnership with JAC and help it with its transition from a traditional automaker to a provider of sustainable traffic solutions.

JAC Motors' president, An Jin, said the company will cooperate with VW in speeding up the construction and production process.

The state-owned carmaker sold about 640,000 passenger cars, commercial vehicles and chassis last year, including 18,000 new energy vehicles.


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