Volkswagen is in talks over a joint venture with state - run China Anhui Jianghuai to make electric vehicles ( EVs ) in 2020 . The companies will share equal ownership of the joint venture and a formal agreement is expected within five months . Over a third of Volkswagen 's worldwide automobile sales currently come from Volkswagen , and the automaker already has two car - making partners there : electric Motor in Shanghai and FAW Group in the northeast . As we have noted , under Beijing rules , foreign car makers must tie up with domestic partners to produce cars . In addition to EVs being seen as a shortcut to reach the forefront of the changing global auto sector , the move is also part of China 's all - out drive toward alternative - energy vehicles to cut dependence on oil imports and reduce air pollution ,
Volkswagen is in talks over a joint venture with state-run China Anhui Jianghuai to make electric vehicles (EVs) in China. The companies will share equal ownership of the joint venture and a formal agreement is expected within five months. Over a third of Volkswagen's worldwide vehicle sales currently come from China, and the automaker already has two car-making partners there: SAIC Motor in Shanghai and FAW Group in the northeast. As we have noted, under Beijing rules, foreign car makers must tie up with domestic partners to produce cars. In addition to EVs being seen as a shortcut to reach the forefront of the changing global auto sector, the move is also part of China's all-out drive toward alternative-energy vehicles to cut dependence on oil imports and reduce air pollution,