Lucid currently sits in a similar scenario, with the recent launch of its Gravity SUV and its plans to launch a number of mid ...
"For economic reasons, the site has been sold by the joint venture as part of the strategic realignment. The same applies to the test tracks in Turpan and Anting," Volkswagen said in a statement.
The joint venture will focus on product, production and decarbonization initiatives, including an accelerated electrification ...
Our 2025 forecast shows a 5.61% EBIT margin with significant restructuring efforts. See why we are bullish on Volkswagen's ...
It said the joint venture has also sold test tracks in Xinjiang's Turpan and in Anting, outside Shanghai. In response to criticism over its operations in Xinjiang, Volkswagen earlier said an audit ...
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SAIC Motor and the Volkswagen Group signed an extended joint venture (JV) agreement in Shanghai, further strengthening their long-term partnership and prolonging the joint venture period of SAIC ...
By 2030, SAIC Volkswagen will launch a total of 18 new models, 15 of which will be developed exclusively for the Chinese ...
It said the joint venture has also sold test tracks in Xinjiang’s Turpan and in Anting, outside Shanghai. In response to criticism over its operations in Xinjiang, Volkswagen earlier said an ...