Volkswagen gearing up for massive electric vehicle plan with new joint venture in China
The Volkswagen Group has been increasing its efforts in the electric vehicle segment ever since the ‘DieselGate’ scandal. Mostly through its new mission to build 2 to 3 million all-electric cars a year and unveil 30 new models by 2025.
Today, we learn that that the German automaker signed a joint venture memorandum of understanding with China’s Anhui Jianghuai Automobile Co. that would effectively allow VW to accelerate their production of electric vehicles by mass producing them in China as well as sharing technology with the local manufacturers to increase the amount of EVs in the country.
