Xinhuanet Beijing on June 2 on June 1, anhui jianghuai automobile group co., LTD. (hereinafter referred to as jianghuai auto) and Berlin in Germany Volkswagen group formally signed the joint venture agreement, the two sides will jointly set up a shares of 50% each of the joint venture, for new energy vehicles research and development, production and sales and provide related mobile travel service.
New joint venture of the joint venture term is valid for 25 years, a joint venture will make full use of their technical and commercial advantages fully cooperation, in the fierce competition in the market of the pure electric vehicle products. The agreement also includes the research and development and production of the new energy automobile parts, large data service, Internet technology, used car service platform, and all related business activities.
Once established, the new joint venture and its management will start building new energy car factories and research and development centers. The plan will involve plant locations and production.
"We are very honored to be able to work with a strong partner like jac." Volkswagen group management board members, Volkswagen group (China) 's President and CEO of sea, said professor "at the same time, Volkswagen group also thank the Chinese government's support for this cooperation. I firmly believe that cooperation between the two sides will be for the future development of China's electric cars made a significant contribution. The new venture is the Volkswagen group in the" hand in hand together - 2025 strategic guidance, to meet the market demand in China, rich in new energy automotive product portfolio important step."
Anhui jianghuai automobile group co., LTD., chairman of Mr Amgen said: "we are very happy to be with the world's leading carmaker Volkswagen group established a joint venture. The Chinese government vigorously, China is in the forefront of the electric car research and development and the application field, we thank you very much for jianghuai auto government strong support. We look forward to work together with Volkswagen group, let more Chinese consumers to enjoy new energy cars bring experience of green environmental protection and sustainable mobility brings the convenience of life. As a part of the strategy of" hand in hand together - 2025 ", the Volkswagen group is accelerating sustainable mobile travel worldwide. Group launched a wide range of electric vehicle product planning layout, for the Chinese market, the group is scheduled to provide Chinese consumers with 400000 cars by 2020 new energy vehicles, provide 1.5 million new energy cars by 2025.
Based on the "made in China 2025", "auto industry long-term development plan and long-term energy conservation and emissions reduction rigid requirements, jianghuai auto will actively grasp the new energy vehicles as great opportunities of strategic emerging industries, vigorously develop new energy vehicles. Clearly put forward the new energy vehicles is the strategic core business of the company, plans to jianghuai new energy car sales in 2020 accounted for 20% of the proportion of total sales breakthrough to jianghuai new energy car sales in 2025 accounted for the proportion of total sales reached more than 30%.