VW & Chinese Firm BYD Partner For Electric Cars

14 мая 2014 | Author: | Комментарии к записи VW & Chinese Firm BYD Partner For Electric Cars отключены

BYD e6 Electric Cars

VW Chinese Firm BYD Partner For Cars

Volkswagen seems to be on a tear these days continuing rumors of them Porsche outright, and sales indicating that they displace GM and become the second automaker in the world. And now word out that VW will be partnering the Chinese automaker BYD to make cars.

A memorandum of understanding was signed week between Volkswagen and automaker BYD to partner in the area of mobility and vehicles using batteries. Hybrids and electric will play an increasingly role [for VW], of Particularly for the Chinese market, partners such as BYD could us in quickly expanding our activities, Ulrich Hackenberg, Member of the for Technical Development at Volkswagen.

A memorandum of understanding (or MOU as the MBA types to say essentially it s the legal version of a ring) was signed by BYD Chairman Chuanfu and VW s Martin Winterkorn in Germany last week. Wang Chuanfu seems to be the interesting guy in addition to working VW. There are reports on the net that he (as in swallowed) battery fluid as a recently.

I don t know any more that, and I didn t really to know the rumors are creepy

Anyway, this is very news that seemed to pop up out of and caught everybody by surprise. VW, like very other on the planet, is interested in EVs and getting as of a jump as possible. And partnering a Chinese firm makes a lot of especially if China decides to taking care of the environment (no there yet).

BYD e6 Electric Cars

And perhaps VW was spurred to action by German automaker (cough-cough, hooking up with another EV Tesla) automaker, but who knows.

is known is that Volkswagen is one of the selling brands in China, and EVs are going to be pushed into the kicking and screaming if necessary, by a of proactive government regs, desires to maintain profitability, and the letting us know that oil is a real killer.

What will come of VW with BYD? Obviously sort of EV product for the home market, and potentially for the Euro as well. North America?

will tell, but by inking partnership, Volkswagen could an arrow in its quiver all ready to go if the or opportunity presents itself in the American market.

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