VW, FAW to make electric cars
By Jin Jing |
May 12, 2011, Thursday
|
Print Edition
Print Edition
GERMAN auto maker Volkswagen AG yesterday said it would team up with its Chinese partner FAW Group Co to produce electric cars in China.
The Ministry of Industry and Information Technology certified FAW-Volkswagen's electric vehicle under the Kaili brand on May 3, according to VW's statement.
"The Chinese government has been encouraging joint ventures of foreign car manufactures to develop indigenous brands," the statement said.
VW is among car makers rushing to produce green cars amid the growing global awareness of environment protection and energy efficiency. In 2009, VW signed partnership deal with BYD to jointly develop hybrid and electric cars powered by lithium-ion batteries.
General Motors is planning to import its Volt electric car into the Chinese market at the end of this year while Nissan has also signed a deal with the government of Wuhan in Hubei Province to promote its Leaf in the city. Dailmer, which partners China's BYD, a leading battery and electric car producer, is set to launch a Chinese-made electric vehicle in 2013.
VW earlier said it plans to locally produce the zero-emission EV model in China between 2013 and 2014 through its Chinese joint ventures.
VW expects China to lead in the global EV market by 2018 under a blueprint to mass produce EV as part of its global E-mobility strategy unveiled in March 2010.
Martin Winterkorn, chief executive officer of VW, earlier told reporters that China is the car maker's most important market and the success of its EV in China will be crucial to achieve its global ambition.
During the Auto Shanghai 2011 show, VW displayed its electric Golf and Lavida sedans as well as the Touareg hybrid.
The Ministry of Industry and Information Technology certified FAW-Volkswagen's electric vehicle under the Kaili brand on May 3, according to VW's statement.
"The Chinese government has been encouraging joint ventures of foreign car manufactures to develop indigenous brands," the statement said.
VW is among car makers rushing to produce green cars amid the growing global awareness of environment protection and energy efficiency. In 2009, VW signed partnership deal with BYD to jointly develop hybrid and electric cars powered by lithium-ion batteries.
General Motors is planning to import its Volt electric car into the Chinese market at the end of this year while Nissan has also signed a deal with the government of Wuhan in Hubei Province to promote its Leaf in the city. Dailmer, which partners China's BYD, a leading battery and electric car producer, is set to launch a Chinese-made electric vehicle in 2013.
VW earlier said it plans to locally produce the zero-emission EV model in China between 2013 and 2014 through its Chinese joint ventures.
VW expects China to lead in the global EV market by 2018 under a blueprint to mass produce EV as part of its global E-mobility strategy unveiled in March 2010.
Martin Winterkorn, chief executive officer of VW, earlier told reporters that China is the car maker's most important market and the success of its EV in China will be crucial to achieve its global ambition.
During the Auto Shanghai 2011 show, VW displayed its electric Golf and Lavida sedans as well as the Touareg hybrid.
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