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Volkswagen Group said today that it has made a preliminary deal with large Chinese automaker Jianghuai Automobile (JAC) to establish a joint venture for building all-electric and plug-in hybrid cars. The two automakers are studying the feasibility of a new joint venture with the goal of signing a formal agreement within five months, JAC said […]

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Already enjoying success, at the ongoing 2014 Beijing Auto Show, Volkswagen has announced a huge commitment to increase China’s budding electrified vehicle presence. “We are launching the biggest initiative for e-mobility in China’s automotive history,” said CEO Martin Winterkorn. The German automaker’s e-mobility campaign will dedicate 18 billion euros ($24.9 billion) to bring a new […]

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