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Ford Smart Mobility and Zotye to form new JV to provide ride-hailing solutions

SHANGHAI – Ford Smart Mobility LLC and Zotye Auto signed a memorandum of understanding (MOU) on May 2 to establish a new 50:50 joint venture with a registered capital of $20 million to provide smart, customized all-electric vehicle solutions to fleet operators and drivers in China’s fast-growing ride-hailing market. In

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Expected yet unexpected: JAC-Volkswagen tries to explore new JV model with MFV tie-up

Volkswagen Group’s signing of an MOU with JAC on November 27 to explore the possibility of setting up a joint venture for the development and sales of multi-functional vehicles (including but not limited to pickups, MPVs and electric commercial vehicles) less than half a year after the two had officially established

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Audi’s “engagement” with SAIC a dangerous but necessary move

Get used to Audis produced and sold by SAIC-Volkswagen. SAIC Motor’s MOU signed with partner Volkswagen Group on November 11 to produce and sell Audis at their joint venture SAIC-Volkswagen, following several days of rumor mills, is the latest shocker in an industry already filled with blockbuster news this year.

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Renault to establish autonomous driving demo zone in Wuha

WUHAN, Hubei – Renault Group, together with its Chinese joint venture Dongfeng-Renault and Wuhan Caidian Ecological Development Group, plans to establish the French automaker’s first autonomous driving demonstration zone here. The three parties signed an MOU on September 25 on the sidelines of the 3rd Sino-French Urban Sustainable Development Forum

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Reasons behind Audi’s partnerships with Chinese tech giants Baidu, Alibaba and Tencent

Volkswagen’s luxury car unit Audi has agreed to deepen collaboration with Chinese internet giants Baidu, Alibaba and Tencent (known as BAT) to offer more digital services in its largest global market. On September 11, Audi China and the brand’s joint venture FAW-Volkswagen signed tripartite memorandums of understanding (MOUs) with BAT

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JAC-Volkswagen: a milestone, a match “tailor made” and a potential policy buster

The blockbuster news of the week is the signing of an MOU on September 6 between Volkswagen AG and Jianghuai Automobile Co., Ltd. (JAC) to jointly develop battery-powered electric vehicles in China and potentially establish a joint venture. The MOU comes less than a year after Premier Li Keqiang visited

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Volkswagen AG signs cooperation MOU with JAC

WOLFSBURG/BEIJING – Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) signed a Memorandum of Understanding (MOU) in Wolfsburg on September 6 to define the next phase of negotiations between the two companies in order to achieve long-term cooperation in the joint development of new energy vehicles in China. According

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Johnson Controls signs MOU with BHAP to form new JV

SHANGHAI – Johnson Controls has signed a memorandum of understanding (MOU) with Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP) to set up an automotive battery sales and manufacturing joint venture in China, according to a company news release on September 14. BHAP is an auto parts subsidiary of Beijing Automotive

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