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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

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billion (US$15 billion) in the country by 2015; investments in highly efficient products and resource-conserving production will account for more than two thirds of this figure. By 2018, the workforce is to increase from 75,000 to 100,000 people. Annual production capacity is set to grow from the present figure of 2.6

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Renault and Brilliance sign strategic cooperation agreement with Liaoning province, China; 3 new electric LCVs in 2 years

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Ten months after our initial launch of our joint venture in China with Brilliance, we have a local management team in place, LCV product plan to deliver further growth with seven LCVs for China including three electric LCV models, starting in early 2019. China is also the biggest, fastest growing EV-market in the world.

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Toyota to launch two new plug-in hybrid models in China; Corolla and Levin

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On the eve of the 2016 Beijing International Automobile Exhibition, Toyota announced that it will launch plug-in hybrid versions of the Corolla and Levin—two mass-market models, both of which have conventional hybrid variants—in China during 2018. Click to enlarge. and Sinogy Toyota Automotive Energy System Co.,

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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The new electric vehicle plant, part of the industrial park, is expected to be completed by the end of 2018 with a total investment of 4.69 This will provide GAC Motor with a production capacity of 200,000 units per year. Rendering of GAC Motor’s planned industrial park for electric and intelligent vehicles.

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Continental in strategic agreements with NIO on EVs, Baidu on autonomous driving

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In 2025, we expect a market share for fully electric drive systems of around 10 percent. Already today, China is one of the leading markets for electric vehicles. Our collaboration with NIO will contribute to further advance the development of electric vehicles and the Chinese electric vehicle market.

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Volkswagen Group Research and KUKA partner to develop robot-supported services for autonomous and electric vehicles

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By the end of 2018, more than ten new electrified models will be launched on the market. KUKA AG is one of the biggest providers of intelligent automation solutions and is the world’s leading manufacturer of production plants in the automobile industry. —Till Reuter, CEO of KUKA AG.

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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

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billion) in new products and the expansion of production capacities in China. At the Nanjing and Chengdu plants, production is to be boosted to between 300,000 and 350,000 units in each case by 2012. For the Volkswagen Group, China is one of the most important markets in the world. The planned investment of a total of €1.3

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