Volkswagen Group further advancing electromobility offensive in China; LoI with FAW Group, ICV; investing €15B through 2022
Green Car Congress
JULY 11, 2018
As part of the 5 th German-Chinese government consultations, the Volkswagen Group China signed letters of intent with a long-time joint-venture partner, the FAW Group, and with the China Intelligent and Connected Vehicles (Beijing) Research Institute Co. It will also be digitally connected and will increasingly drive itself.
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