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Volkswagen Group China (VGC; 大众汽车(中国)) is the Chinese subsidiary of the German automotive concern Volkswagen Group in the People's Republic of China. Volkswagen Group China used to sell around 3 million cars (as of 2017) in the Chinese market [ 4 ] and until recently was largest car brand in China by sales [ 5 ] .
SAIC Volkswagen Automotive Co., Ltd., formerly known as Shanghai Volkswagen Automotive Co., Ltd. is an automobile manufacturing company headquartered in Anting, Shanghai, China and a joint venture between SAIC Motor and Volkswagen Group. It was founded in 1984 and produces cars under the Volkswagen, Škoda and Audi marques. [1]
By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15%.
Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries. Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the ...
Volkswagen AG was one of the first foreign investors in China’s auto industry. The 1980s model Santana sedans its JV in Shanghai made formed the basis of taxi fleets in Shanghai and other cities ...
Volkswagen on Monday announced its board member Thomas Ulbrich will take over as head of technical development in China. "Thomas Ulbrich, Member of the Board of Management for New Mobility at the ...
In August 2023, it was announced XPeng had agreed to acquire the autonomous driving technology unit of the Beijing-headquartered vehicle for hire company, DiDi, in exchange for $744 million worth of shares. [30] In February 2024, XPeng and Volkswagen Group signed a technology cooperation and joint development agreement on platform and software ...
That has cost Volkswagen dearly in China, where it is now partnering with local carmakers to expand its product range and improve technology. “The new models will provide growth impetus,” a ...