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Volkswagen Group investing $700M in XPENG for 5% stake, VW EV development; Audi jointly developing EVs with SAIC

Green Car Congress

The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC. The initial stage of the cooperation will provide for the joint development of two VW-brand electric models for the mid-size segment in the Chinese market.

Audi 282
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BMW opens new Shanghai R&D center; focus on human-machine interaction and hardware-software integration

Green Car Congress

Based on the concept of open innovation, all BMW’s R&D functions in China have been merged together under one roof for efficient collaboration and high-speed performance. BMW believes that China is the place to be for future mobility. Within the last three years, we have tripled our forces in China. China is the place to be.

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Volkswagen Brand China and FAW-Volkswagen establish new JV to develop and to offer digital services for future models

Green Car Congress

Volkswagen Brand China and its Chinese joint venture FAW-Volkswagen are scaling up their cooperation in the area of digitalization and connectivity. MOS Intelligent Connectivity Technology Co. a joint venture between Volkswagen Group China and FAW-Volkswagen, will be established in the Chinese city of Chengdu.

China 191
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Buick to introduce its first Ultium-based EV in China; GM to launch 15 Ultium-based EVs in China by 2025

Green Car Congress

Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.

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Hyundai showcases RM20e racing midship electric sports car, Prophecy concept EV at Auto China

Green Car Congress

At the 16 th Beijing International Automotive Exhibition (Auto China 2020), Beijing Hyundai Motor Company showcased its RM20e electric racing midship sports car prototype and Prophecy concept EV model, demonstrating the reach of its EV ambitions. The new Tucson as well as new Elantra also made their debuts to Chinese customers.

Hyundai 380
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Ford outlines China expansion strategy; SUVs, EVs and connected vehicles; 50+ new Fords and Lincolns by 2025

Green Car Congress

In Shanghai, Ford Motor Executive Chairman Bill Ford and CEO Jim Hackett outlined the next phase of the company’s China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. —Jason Luo, chairman and CEO, Ford China.

Ford 170
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SAIC-GM Connectivity Strategy 2025 lays out roadmap to cloud-based connectivity, autonomy

Green Car Congress

SAIC-GM, GM’s Chinese joint venture with SAIC, announced its Connectivity Strategy 2025, which lays out a roadmap for its connectivity development from 2017 through 2025. 2020: Promote connected vehicle (V2X) technology to make mobility safer. 2020: Promote connected vehicle (V2X) technology to make mobility safer.

Connect 150