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Volkswagen Group and SAIC Motor extend joint venture contract to 2040
Volkswagen Group and SAIC Motor announced on Wednesday that they have signed an extension for their joint venture contract in Shanghai until 2040, further strengthening their long-term partnership.
November28,2024
Volkswagen pledges fast rollout for new €20,000 electric car
German auto giant Volkswagen hopes to significantly increase the pace of development for its entry-level electric models planned for 2027.
July18,2024
Volkswagen Anhui launches first NEV for Chinese market
Volkswagen Anhui officially launched its first new energy vehicle (NEV) for the Chinese market on Wednesday in Hefei, the capital of east China's Anhui Province.
July18,2024
China's SAIC, Volkswagen sign new-energy tech cooperation agreements
China's SAIC Motor and Germany's Volkswagen Group will further expand their presence in China's new energy vehicle (NEV) market, with the two carmakers signing several energy technology cooperation agreements on Thursday.
June28,2024
Volkswagen R&D center in China's Anhui sees promising developments
Volkswagen China Technology Company (VCTC), Volkswagen Group's largest research and development (R&D) center outside Germany, held a groundbreaking ceremony for phase III of the R&D center and unveiled the City Test Track (CTT) on Thursday in Hefei, capital of east China's Anhui Province.
May17,2024
GLOBALink | Volkswagen Group confident in Chinese market: executives
Senior executives from the Volkswagen Group China have expressed confidence in the Chinese market and demonstrated a commitment to bolstering their local development capabilities at the fourth China International Consumer Products Expo.
April16,2024
Volkswagen invests 2.5 billion euros to expand innovation hub in China
Volkswagen Group China on Thursday announced that it will invest 2.5 billion euros (about 2.68 billion U.S. dollars) in the expansion of its innovation hub in Hefei, the capital of east China's Anhui Province, to increase its pace of innovation in China.
April12,2024
VW commercial vehicle group Traton sees orders drop from record high
The Volkswagen Group's lorry and bus subsidiary, Traton, saw commercial vehicle orders drop by 21% last year, after a very strong 2022.
January24,2024
Volkswagen to launch electric platform for entry-level segment in 3 yrs
Volkswagen China Technology Company (VCTC), Volkswagen Group's largest development center outside Germany, will launch an electric platform for the entry-level segment in 36 months, said Volkswagen Group on Friday.
November27,2023
Earnings climb in the third quarter for Volkswagen
German carmaker Volkswagen reported a rise in earnings for the third quarter. Volkswagen reported that its third quarter earnings after tax climbed to €4.35 billion ($4.59 billion) from €2.14 billion in the prior year.
October27,2023
Volkswagen signed new agreements in China to expand its presence in the market
Audi, one of Volkswagen’s brands, announced that it will introduce three EV models to the Chinese market by 2025. The company has also signed a MoU with Alibaba and Zhangjiang Hi-Tech Park.
September05,2023
Volkswagen Group reports solid H1 result, strengthens strategic position in China
The Volkswagen Group achieved "solid results" in the first half (H1) of 2023 and is strengthening its strategic position in China, Germany's leading carmaker said on Thursday.
July28,2023
Volkswagen revs up electrification shift to deepen China presence
German carmaker Volkswagen Group is revving up its electrification transformation in a bid to expand its presence in the Chinese market.
July20,2023
Volkswagen signs investment agreement in east China
Volkswagen will build an R&D, innovation, and procurement center for fully connected electric cars in Hefei, the capital of east China's Anhui Province, according to an investment agreement signed Tuesday in the city.
May31,2023
Interview: Volkswagen accelerating localization strategy for Chinese market
Volkswagen is pushing ahead at full speed with its localization strategy for the Chinese market, the world's largest automotive market, Oliver Blume, chairman of the Board of Management of Volkswagen AG, told Xinhua at the ongoing Auto Shanghai 2023.
April20,2023
Volkswagen launches new pure electric flagship on eve of Auto Shanghai 2023
German automobile giant Volkswagen AG launched its pure electric flagship ID.7 at the brand event ID. Night on Monday, the eve of the 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023).
April18,2023
Volkswagen pins high hopes on China market
China plays an "important role" in the car industry's electric transformation, Volkswagen said on Tuesday when presenting the company's 2022 annual report.
March15,2023
Volkswagen cash flow down but sales in line with forecast
German automotive giant Volkswagen reported net cash flow for the fiscal year 2022 was significantly below its target, despite sales as expected.
February10,2023
Interview: Volkswagen eyes more cooperation opportunities in China
China is the most important market for Volkswagen, and the company will seek more cooperation opportunities in the country in the future, Oliver Blume, chairman of the Board of Management of Volkswagen AG, told Xinhua in a recent interview.
February02,2023
Volkswagen Anhui's first pre-series NEV rolls off production line
The first pre-series new energy vehicle (NEV) of Volkswagen Anhui rolled off the production line on Wednesday in Hefei, the capital of east China's Anhui Province, said the company.
December08,2022
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