Volkswagen and SAIC Motor extended their China joint venture to 2040, planning 18 new car models.

Volkswagen and SAIC Motor extended their joint venture in China to 2040, showcasing confidence in the world's largest car market. Founded in 1984, the partnership has sold over 28 million vehicles. The new agreement will focus on developing 18 new models by 2030, including electric and hybrid vehicles tailored for China, with 15 models exclusive to the Chinese market.

December 02, 2024
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