Volkswagen, Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Wednesday, 27 November 2024 () Volkswagen and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their joint venture to 2040 and plan to accelerate EV production, launching 18 new models, including eight EVs, by 2030. The Xinjiang plant sale preserves existing jobs and comes amid Western governments' moves to impose higher tariffs on Chinese EVs.
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Consumers can now order Leapmotor T03 and C10..
Leapmotor International is leveraging Chinese engineering, innovation and vertical integration to deliver affordable electric vehicle mobility worldwide
Consumers can now order Leapmotor T03 and C10..
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040. The two car companies also announced... SeattlePI.com Also reported by •NYTimes.com