What is the relationship between JAC Motors and Volkswagen?
2 Answers
Volkswagen and JAC Motors have a cooperative relationship. Below are the relevant details: 1. Volkswagen and JAC Motors signed an agreement to deepen their cooperation in electric vehicles, with Volkswagen Group increasing its investment to acquire a 50% stake in Anhui Jianghuai Automobile Group, the parent company of JAC Motors, while also increasing its stake in the early joint venture Jianghuai Volkswagen to 75%; 2. JAC Motors and Volkswagen will further collaborate on electrification platforms and electric technologies. JAC Motors will also leverage the resources brought by the Volkswagen brand to achieve its target of 30% new energy vehicle sales by 2025. As a 'bridge' between the two, SEHOL will undoubtedly be the main pivot for JAC Motors in the future new energy market, even in the fuel vehicle sector; 3. It is worth mentioning that to further deepen their cooperation, Volkswagen will produce at least 6-7 models in the JAC region, including both electric and fuel vehicles.
Hi, I find the relationship between JAC Motors and Volkswagen quite interesting. Simply put, they are partners, especially in the electric vehicle sector. I remember around 2017, they established a joint venture specifically for new brands like SOL. This makes it more convenient for Chinese consumers to purchase electric vehicles at more affordable prices. As an automotive enthusiast, I see this collaboration bringing about technology sharing—Volkswagen provides chassis design and battery systems, while JAC handles production and localization. The models have been well-received in the market. Such joint ventures not only boost local employment but also allow more people to experience European-quality Chinese manufacturing, aligning well with the current environmental trends.
