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The firm’s future merchandise will likely be based mostly on the Groups Modular Electric Drive Matrix (MEB), with plans for a step-by-step growth of native R&D competence within the localization of MEB-based derivatives.
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The first car is predicted to roll off the Anhui manufacturing line in 2023.
The Volkswagen Group in China has inaugurated a brand new Research & Development centre on the firm’s services in Hefei. At the identical time, the three way partnership JAC Volkswagen was renamed as Volkswagen (Anhui) Automotive Company Limited. With a 75 per cent stake within the three way partnership, Volkswagen takes over administration management at Volkswagen (Anhui). The firm’s future merchandise will likely be based mostly on the Group’s Modular Electric Drive Matrix (MEB), with plans for a step-by-step growth of native R&D competence within the localization of MEB-based derivatives, and the intention of capitalizing on international synergies. The first car is predicted to roll off the Anhui manufacturing line in 2023.
Also Read: Volkswagen Group Commences MEB Production At Foshan And Anting Plants In China
Dr. Herbert Diess, CEO of Volkswagen AG, stated, “Volkswagen Anhui is a promise for stronger partnership and e-mobility power in China. Within the next three years, we can expect state-of-the-art MEB production, a new full-electric portfolio and technology solutions from its R&D center in Anhui. This year’s investment of around one billion Euro accelerates the progress within the joint venture.”
In Hefei, analysis and improvement, high quality assurance, simultaneous engineering and full functionality pre-series manufacturing and testing will all be united in a single facility, with integration throughout the economic worth chain. By combining these key features and utilizing the MEB platform, Volkswagen will velocity up improvement cycles and permit for considerably quicker time-to-market for brand spanking new merchandise. Volkswagen (Anhui) is now growing native expertise, the bulk being in R&D, to quantity round 500 staff by 2025. The second section of Volkswagen (Anhui)’s transformation will begin in 2021, with the growth of infrastructure and tools for the manufacturing strains, plus the constructing of a battery workshop in addition to a car and part validation workshop. The full-scale manufacturing unit for pure-electric autos, with a most manufacturing capability of 350,000 items each year, is because of be accomplished by the top of 2022, with the primary mannequin deliberate to enter sequence manufacturing in 2023.
Also Read: Volkswagen Supervisory Board Meets To Discuss Leadership Stand-Off: Report
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Volkswagen Group has invested round one billion Euros to extend its shareholding in Volkswagen (Anhui), previously often called JAC Volkswagen, from 50 to 75 per cent. Also included within the funding is the acquisition of 50 per cent of JAG, the guardian firm of Volkswagen’s three way partnership companion JAC. With the closing of this transaction, Volkswagen now takes over administration management at Volkswagen (Anhui). The three way partnership will likely be absolutely consolidated within the Group’s working outcomes.
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